Does recent activity in Russia and South Africa suggest exceptional bullish supply/demand fundamentals for palladium?
*Reuters, by Jan Harvey, March 21, 2014
” ‘We have two potentially large new demand areas for palladium in an already undersupplied market, and with continued uncertainty over the South African supply situation and some speculative movements around Russia, we could see palladium holding these gains,’ Mitsubishi analyst Jonanthan Butler said.
‘If the $800 an ounce level gets tested, we could be in a totally different paradigm,’ he said.”
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
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