At times like this, gold and silver typically grab all the attention... And attract all the "safe" money. But there's another metal that could blast past both of these. That's because it has unique physical properties for which there is just no substitute - something its biggest consumers lose quite a bit of sleep over. It's 15 times more rare than platinum... and 30 times more rare than gold. Rea... ››› more
Palladium is one of the platinum group metals. South Africa is the world's second top producer of the precious metal, falling closely behind Russia.
After hitting a high last year, the price of palladium has fallen. But a change could be on the cards for the metal.
Let's take a closer look at what's going on...
The demand for palladium is rising
After hitting a high of over $900 an ... ››› more
The US dollar is surging and the South African rand is crashing.
While this is great news for the purchasing power of US consumers, it's crushed the value of almost all commodities such as oil and gold.
However one commodity is showing massive promise for 2015…
They’re just not making enough of these metals to meet demand…
If you go back to 2012 platinum stockpiles made up about 5... ››› more
Palladium is one of the precious metals that majority of investors don't think about. It's not only a precious metal but is also an industrial metal. In fact, about 68% of palladium demand is for catalytic converters.
Palladium is also used in jewellery, dentistry, coins, medicine and in many electronics.
With the ongoing tensions in Russia (the world's largest producer of palladium), there h... ››› more
So far, 2014 has been the year for palladium. The platinum group metal (PGM) is easily outperforming its precious metal counterparts. Palladium is up over 19% so far this year.
But can palladium keep on rising? Or is it destined for a fall?
Read on to find out and how you can get on palladium's move…
The platinum sector strike hit palladium production hard
Helping the price of palladi... ››› more
Platinum-backed exchange traded funds (ETFs) are sucking up vast quantities of platinum group metals (PGMs). One of the main drivers behind this was the launch of Absa's NewPlat last year. It's been very successful. Add to that the addition of two palladium-backed ETFs and palladium holdings are also rising. The demand for PGM-backed ETFs is adding to the unprecedented demand for these metals. Dem... ››› more
Bloomberg announced yesterday that more than $6.9 billion worth of gold was sold out of gold funds in the last week alone. And that means that exchange traded funds are now holding their lowest levels of gold since 2009.
But just because gold is selling off doesn't mean you can't profit from precious metals. In fact, one precious metal is looking better than ever.
The reason why gold ... ››› more
There is a metal that's getting ready to soar. This metal is 15 times rarer than platinum. In fact, this metal is 30 times rarer than gold. And no substitute can replace this metal because of its unique physical properties. This metal is palladium. And the price of palladium is looking set to double. Let's take a look at why… ]
Modern technology needs palladium to function
Palladium is a met... ››› more
The supply of palladium is dwindling. The fundamentals for demand in palladium are strong. There is hefty growth in the electronics industry for smart phones, flat screen TVs and tablets, for instance. These all need palladium. And catalytic converters in cars need palladium too. But that's not just where the demand for palladium is growing. Read on to find out why exchange traded funds (ETFs) are... ››› more
Palladium is the Cinderella in the precious metals sector.
It's the 'sister' of platinum that no-one talks about.
And its supply and demand situation makes it a lot more attractive than its sister metal, platinum…
You see, Palladium is widely used as a catalyst in petrol cars. While Platinum is used as a catalyst in diesel cars.
Now why does this matter at all? Well it comes down to ... ››› more
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