Yes Ashly, that is a compelling argument for the purchase of Palladium scurities and investmet in the futures.
- and now for some Xmas reading for the bored,
Name: palladium
Symbol: Pd
Atomic number: 46
Atomic weight: 106.42 (1) g
CAS Registry ID: 7440-05-3
Group number: 10
Group name: Precious metal or Platinum group metal
Period number: 5
Block: d-block
Palladium the boom metal of 2006-9.
- Will almost certainly increase its use in jewellery and as a catalytic medium in vehicles. There is a chance Russia will again reduce output to raise prices
( maybe not 100% ). If Russia cut output by 15% over 12 months, the price of Palladium could double within 3-6 months of the announcement.