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Palladium Quietly Breaking Out

Mar. 23, 2014 1:23 PM ETSAPLF, PALL
John Polomny profile picture
John Polomny's Blog
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The ongoing miners strike and introduction of two new palladium ETF's seems to have been enough to finally get palladium moving. I am bullish long term on palladium anyways as China is choking on auto exhaust fumes. Couple this with the fact that most of the mines in SA are producing at a loss and we have the ingredients for a bull market in PGM's. I am playing this through my holdings in Sylvania Platinum. the dump processor in SA.

Disclosure: I am long SAPLF, PALL.

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