The Silver Analyst

Is Palladium a Good Bet?

I bought a stash of palladium back in October so am pleased with the upside. The Pd mining stocks have done even better - surprisingly considering PAL is not mining a single ounce and SWC could lose their GM contract.

I anticipate holding on for the medium to longer term if palladium tests its old highs.

The Future of Cold Fusion Investing

Yes, I concur that palladium is a good longer term investment from a supply and inflation point of view. Palladium did well compared with gold and silver during the inflationary 70s. Supply, inflation and cold fusion could be a win-win-win for the metal. For me, the more bullish bullet points the better.

However, the supply argument I presume held during palladium's rout last year, it failed to protect palladium. I still have a copy of Jerome Smith's "Silver Profits in the 80s" which predicted a new silver bull based on similar supply arguments - it never happened. The accrued stockpiles of the inflationary 1970s flooded the silver market for years to come.

So we have to be careful here about supply arguments. My report looks at current ETF stockpiles and of course we have the mysterious Russian stockpiles both in Russia and Switzerland. Truth is we don't know how many millions of ounces the Russians have and so far the existing palladium ETFs don't seem to have stressed supply at all and the palladium price rise of 2006-2008 doesn't look significantly different to other commodities price hikes.

So, any new bullish argument is welcomed by me.

Safe Haven Investments Amid a Global Crisis

My long term chart of platinum does not show a plunge from $500 to $100 in 1988. Perhaps you mean a $100 drop?