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Palladium Panic-Bid To Record Highs As Shortage Fears Mount

Posted by ipso facto @ 11:39 on January 3, 2018  

Palladium was up 55% in 2017 – the best performing commodity in the world – and if the first two days of this year are anything to go by, 2018 will see a repeat.

Palladium inventories in warehouses tracked by Nymex shrank 25 percent in December, capping a fourth straight annual decline, the longest streak since 2000.

https://www.zerohedge.com/news/2018-01-03/palladium-panic-bid-record-highs-shortage-fears-mount

My comment: What happens to the price of palladium when vehicle sales decline? Price could be close to a high.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.