Hmmm... interesting take on industrial demand for Palladium. I also believe Palladium is used for certain types of semiconductors (I read this somewhere last week, I believe, in the WSJ).
There very well could be disruptions in Palladium supply out of Russia if they are as ill-prepared for Y2K as I'm hearing.
And I don't think Clinton was advising against gold, only HOARDING it... as in converting all of your assets into gold and burying it in your backyard... yadda, yadda, yadda...
Btw, as an aside, I came literally within minutes of being barricaded by Clinton's caravan last night. He had a function at the Mayflower Hotel and I had parked across the street in a garage. When I returned, I could see nothing but police and Secret Service agents up and down DeSales St. preparing to block off traffic... I had to do some quick talking to get a cop to let me out just as the sirens from Clinton's entourage were heard in the distance.
If I had been 5 minutes later, I probably wouldn't have gotten home before midnight.
Just one of those common inconveniences we incur living within the confines of the DC beltway.
In sum, palladium might be a better looking market than gold due to its industrial usage.
Regards,
Ron |
