polishlogician

The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities

well said, and let me reiterate your point:

"It's the end of December now and the annual Russian government stockpile palladium shipment has NOT showed up in Switzerland. Maybe the Russian palladium stockpile sale has finally ended for good. It's in Russia's strategic defense stockpile."

In fact, the cited link ("stockpile palladium shipment") is a .pdf and its 2nd paragraph reads: “Russia, the largest producer and holder of palladium stocks, did not ship large quantities of palladium to Switzerland in December 2005, as we had expected. Instead, shipments to the US hit a record monthly high in December and this, together with a large shipment to Switzerland in January, indicates an acceleration of Russian palladium shipments.”

I've never seen 3 things so misleading in just one sentence of a Contributor's article, namely: "It's the end of December now and the annual Russian government stockpile palladium shipment has NOT showed up in Switzerland":

(1) it's true that the Russians didn't send their stockpile in December but that was 2005; (2) they sent it in January 2006; and (3) and there was was/is no defensive stockpile hoarding, in fact they've sent it every year since.

For a more current and straightforward article concerning CURRENT Russian shipments and production, please see, "The Russian palladium stockpile - do we need to worry?":

www.mineweb.net/minewe...

"From 1999 - 2007 inclusive, the net movement of Russian palladium amounted to 11.4 million ounces or 354 tonnes. During this period there was one year, 2002, in which Russian metal was withdrawn from the market; over the other eight years, inventory movements averaged 1.5 million ounces per annum."

On Dec 26 09:21 PM montyman wrote:

> OMG!!! ALERT!!
>
> I checked out the article that M.A. claims shows a missed shipment
> of Palladium to Switzerland this December. The article is from 2005-06!!
> To add insult to injury, the article concludes by saying that the
> lowered shipment in December was made up for by a larger shipment
> in January (of 2006) !!
>
> What a liar! Seeking Alpha needs to ban this guy NOW!!!!!!!
>
> (From having read his previous articles, it's seems to me this Mark
> Anthony guy has some kind of "complex". I don't mean to hurl insults,
> but rather to warn other readers.)

The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities

"It's the end of December now and the annual Russian government stockpile palladium shipment has NOT showed up in Switzerland. Maybe the Russian palladium stockpile sale has finally ended for good."

--the linked cited in the article, concerning the ANNUAL Russian palladium stockpile in Switzerland is 3 years old