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Scotiabank’s Mohr names palladium as top commodity pick for 2011

Posted on 28 October 2010

From Mineweb.com: Scotiabank’s Pat Mohr said prospects for a further round of Fed ‘quantitative easing’ is weakening the U.S. dollar, boosting commodity prices and extending the commodity price super-cycle. “Spot palladium prices should average US$510 per ounce in 2010 and US$650 in 2011, up from only US$265 in 2009 and US$352 in 2008,” Mohr predicted in her October Scotiabank Commodity Price Index report.
Mohr noted that rising autocatalyst demand in China and other emerging markets, in the face of supply constraints, will boost prices……………………………………….Full Article: Source

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