The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Snowshoe who wrote (1485)	11/30/2018 11:24:39 PM
From: elmatador	Read Replies (1) of 13803

Palladium is the new gold. Prices have appreciated over 9% on the NYSE year-to-date, hitting just short of $1,170 per ounce on Friday, with futures jumping 5.2% last week alone and market analysts telling Bloomberg that the bull run is just getting started. Tough new Chinese car pollution standards which have pushed automotive producers to install catalytic converters which contain the metal in their cars. Russia is first. South Africa, is the world's second-largest palladium producer. Zimbabwe, Canada and the United States round out the top five global palladium producers, with their total output amounting to just 27 percent of combined Russian and South African output in 2015.

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