Jakester

Some True Safe Havens Are Still (Surprisingly) Undervalued

PS- Between 1992 and into early 1997, palladium traded between $100-$200/oz with an average probably under $150. That was five long years, so these periods can last far longer than you suspect.

Some True Safe Havens Are Still (Surprisingly) Undervalued

Mark: Assuming that your take on the price/economics of palladium is true, what is to prevent SWC, PAL and others from going bankrupt while one waits for the 'inevitable' rise in palladium prices? After all, these companies have debt, fixed costs, salaries, maintenance etc. Even if they shut down their operations, there will still be an ongoing drain on their balance sheets until Poof, they file for bankruptcy and shareholders are wiped out....