When it comes to precious metals, palladium may give investors more bang for their buck than its flashier cousins. The often-forgotten white metal is expected to outstrip gains of both gold and silver again this year, thanks to concerns over supply disruptions and surging car sales in fast-growing Asian countries. Palladium is mainly used to make catalytic converters to reduce toxic emissions from gasoline-fueled cars sold in Asia and North America. Its sister metal, platinum, is similarly used in diesel-powered autos sold mostly in Europe, but that market has been weaker, suppressing platinum's buoyancy. Last year, the price of palladium surged 103 per cent to $797 (U.S.) an ounce, while platinum rose only 20 per cent. Silver gained 80 per cent, while gold was up 29 per cent. Palladium, which closed at $817 an ounce on Friday, could reach between $950 and $1,000 this year, and should be "a strong performer over the next five years," Ms. Mohr said. Its previous peak was $1,090, hit in 2001. Full article:http://www.ctv.ca/generic/generated/static/business/article1931693.html
palladium is something iv looking at very closely. If it does another 2008 like crash which i think it will, ill be jumping in!
http://forums.silverstackers.com/topic-6827-bne-1-gram-palladium-swap.html just making a bump for me while u guys are on this topic
If i could afford to rebalance my stack now, id take 33% of my gold and swap it for palladium. If im only in silver, would do the same with 20% of my silver stack.
