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The best-performing precious metal just got even better

Posted on 07 May 2013

This may be the best time in more than a decade to invest in palladium. Normally known for its volatility, the white metal is about to enter a period unlike anything the precious metals sector has ever seen. Most folks don’t know it, but palladium is 30 times more rare than gold. And worse yet, 80% of the globe’s supply comes from just two countries – South Africa and Russia.
The supply situation is a mess… and it’s about to get much worse. In Africa, the problem is simple. Mines lose huge amounts of money each year pulling palladium out of the ground. An overreaching government has made it all but impossible to modernize the mining process………………………………………..Full Article: Source


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VRS - who has written 40705 posts on Opalesque Commodities Briefing.


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