SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer -- Ignore unavailable to you. Want to Upgrade?


To: Ptaskmaster who wrote (404)1/11/2000 12:38:00 PM
From: Sleeper  Read Replies (1) | Respond to of 976
 
Russia is again playing games with Pd exports, US strategic stockpile sales have ceased until October 2000, and palladium prices are rising.

All the more reason to back up the truck, Ptask. My gut feeling here is that Russia has exhausted it's stockpiles of Pd to raise hard currency, production is way off do to inability to pay the miners and refinement/transport are problematic at best. Further, there is no guarantee that sales from US stockpiles will resume in October 2000. So, demand continues to rise and availability continues to decline. Hmmm... better make that two trucks!!

Sleeper



To: Ptaskmaster who wrote (404)1/11/2000 2:42:00 PM
From: dave brown  Respond to of 976
 
Perhaps stable was a poor choice of word. Pd fundamentals do look very good agree. CPM Group have predicted Pd to remain above $420 during 2000 and $460 during 2001. These predictions where made on December 14, 1999 a week or so before the big rise in Pd prices. Don't know if they have modified their price projects as a result.

If CPM is correct with their price predictions, then this will have an even greater positive effect on NAP.