TSXV:PEM.P - Post by User
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megabidon Mar 17, 2012 11:30pm
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PEM is PALLADIUM STORY
PEM is PALLADIUM STORY
Palladium .. TO SURGE! Per Barron's 03171217-Mar-12 02:00 pm
Commodities Corner | SATURDAY, MARCH 17, 2012 Palladium Price Has Many Catalysts
By SIMON CONSTABLE | MORE ARTICLES BY AUTHOR
Tight supply, and continued demand for growing car and truck markets, should keep expanding the metal's futures price.
Here's something to put a shine in your portfolio: Palladium, the often-overshadowed cousin of the precious metal platinum, is poised to gleam brilliantly.
Thanks to both rising demand and sketchy supply, some analysts are looking for a 20% jump in futures prices this year, with continued growth through 2014.
"We are most bullish on palladium among all the precious metals," says Rohit Savant, a senior commodity analyst at New York-based consulting company CPM Group.
The diminutive size of the market means that even small changes in production or use have a real impact on prices. Fewer than ...