tag:blogger.com,1999:blog-2966903902007384480.post3474307688029826510..comments2023-10-19T09:40:45.105-07:00Comments on North American Interests: Palladium Is Widely Used, Similar to Platinum and A Lot Cheaper than Gold & Platinum Group Metals (Rhodium) so Bullion Investment Should Increase; 2011 Production Down 5.4% but Automotive Demand Up 6.7% (Norilsk, Anglo Platinum, North American Palladium)north american interestshttp://www.blogger.com/profile/14877601106696706654noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2966903902007384480.post-87474136761972071922011-10-10T03:55:35.099-07:002011-10-10T03:55:35.099-07:00great point. a couple other points:
rhodium does...great point. a couple other points:<br /><br />rhodium doesn't have an ISO currency code (investing in it isn't as easy), rhodium was as high as 10,000/oz as recently as 2008 (averaged over $5000/oz that year but then lost 70% of that value in 2009). Palladium has a slightly lower boiling point than the other 2 but it doesn't appear to make a difference, the main industrial uses are similar for all 3 with palladium becoming increasingly popular mostly because it's so much cheaper. 2009 approx. production gold: 2500 tonnes, palladium 215 tonnes. When people regain confidence in the world economy I'd expect gold and palladium to be a lot closer in price than they are now. <b>On October 4, 2011 Credit Suisse forecast 2013 spot prices as follows: gold $1790 (dropping to 1425 in 2014), palladium $920 (previous forecast was $1200, today (Oct 10) palladium is at around $610/oz.</b>north american interestshttps://www.blogger.com/profile/14877601106696706654noreply@blogger.comtag:blogger.com,1999:blog-2966903902007384480.post-56149591260953850622011-10-10T03:04:43.311-07:002011-10-10T03:04:43.311-07:00Great post,, Gold has been advancing for over 10 y...Great post,, Gold has been advancing for over 10 years now, from a low of $252 per ounce in 1999 to where it sits today at $1,755, which is a gain of over 595%. With gold at unprecedented levels (previous bull market high was $850/oz) is it any wonder why someone would question starting to acquire gold? <br /><a rel="nofollow"><b>us gold coins</b></a>itmhttps://www.blogger.com/profile/18385158579879830983noreply@blogger.com