silver-bullet

Looking for Opportunities in an Irrational Market Place

I have been looking into palladium on late, and bought myself some palladium bullion as a Christmas present on Dec 26th. The spot price is in a multi year low, and my initial purchase then was purely based on price.

Now that I have looked into the metal and its uses, I felt I should have picked more. Basically palladium and platinum are primarily used for catalytic converters, however palladium's lower cost makes it more attractive to manufactures.

Another bullish element - Russia monopolizes almost half of the world's palladium production capacity. This will effective regulate future price and output.

The final nail which solidified my believe in palladium, it that it is a 'technology' metal. I has been proven to successfully capture hydrogen for hydrogen fuel cell. To me, this is the metal of the 21st century.