Palladium Has Outshone Gold and Silver

Source: Resource Investing News, Vincenzo Desroches (11/2/10)

"The "other white metal," has quietly dominated in price performance."

The year of 2010, filled with uncertainty and risk adversity, will go down in the history books as a time when investing in precious metals was catapulted to center stage. While talk show pundits have debated the various methods for owning gold and silver, palladium, the "other white metal," has quietly gained dominance in the statistic that matters most: price performance over the past year. Palladium's price point has risen nearly 50% during 2010, nearly twice that for gold and three times that for platinum, palladium's chemical cousin.

Price's for palladium are reaching their highs for the decade. The following price history chart is worthy of discussion:

Ford Motor Company, fearing a shortage brought on by ongoing political instability, stockpiled the metal at market-panicked prices, as noted by the severe spike in 2000. When tensions subsided, Ford recorded a financial loss of over $1 billion after prices plummeted back to reality. The recent recession and the related drop in global manufacturing caused the dip in prices in 2008.

As environmental concerns continue to dictate stiffer emission controls for autos and trucks, palladium prices will rise to meet growing manufacturing demands.

With both old and new technology contributing to demand for palladium, a growing concern for industrial users is the obvious investment potential of the metal for global investors. Mutual funds, ETFs and bullion safekeeping firms are avenues for retail investors to benefit from the metal's recent price run up, but the "hoarding effect" may drive the price even higher. A weakening Dollar in the forex market may also cause appreciation and speculation based on forex news alone.

Speculation will always follow situations such as these. However, the global recovery of the manufacturing sector will benefit palladium prices in the long run.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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