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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Proud Deplorable who wrote (27348)1/22/2004 2:32:13 AM
From: croesus1111  Read Replies (1) of 39344
 
I couldn't find a better palladium producer play than PAL, and when I look at the long term palladium charts, it looks to me like the downside risk for palladium is small. PAL should do very well with higher palladium prices. I expect those prices to rise with all commodities, but at some point after gold, platinum and silver have gone up a lot, and the public starts to get involved, I think palladium might start to act more like an investment metal than a commodity and that it will go up as a sort of poor man's gold. But in the short term, I have no idea what palladium prices will do. The good news: I've been holding PAL since $2.97 (and I ain't selling any).
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