Wednesday 1 June 2011

Palladium Rising as BMW Becomes Catalyst for Biggest Shortage in 32 Years

http://www.bloomberg.com/news/2011-05-30/palladium-rising-as-bmw-becomes-catalyst-for-biggest-shortage-in-32-years.html

“The economy around the world is doing OK and natural resources are in short supply,” said Francis McAllister, chief executive officer of Billings, Montana-based Stillwater Mining Co. (SWC), the U.S.’s only palladium mining company. “It doesn’t matter if you are talking about copper, iron ore, or platinum and palladium.”

---

SS says

I dont think he is right.
Expect massive drops in commodity prices in 2011/12/13.

No comments:

Post a Comment