PALLADIUM: article re shortages new uses for PGMs in fighting/containing Cancer. MORE REASONS TO BUY PALLADIUM ???
- From: "BuffettHater@xxxxxxxxx" <BuffettHater@xxxxxxxxx>
- Date: Tue, 4 Mar 2008 04:40:55 -0800 (PST)
As you all know, i have been a super bull on PGMs and have
backed up the truck on palladium just BEFORE it made its
big move up.
Now palladium is being used to cure breast & pancreatic
cancers with great success and this should just add to the
huge deficit in PGMs.
My first tip off to an increase in palladium was when banks
and bullion dealers were unable to provide physical delivery
(i was not interested in a perth mint certificate, whatever that is)
in palladium @ $80/oz or rhodium at $300.
That was 1998/9. Bad news is that NOW WITH palladium at $600 and
rhodium at $9,000.00 (yup, check the numbers, that big a move!)
there is still no product for physical delivery. Bullion dealers
roll their eyes when you mention Indium (relative to platinum as
silver is to gold) palladium or rhodium. Even the canadian mint 1
oz palladium coin is on backorder ?
This article gives an update as to PGMs price moves and future
direction.
http://www.mineweb.net/mineweb/view/mineweb/en/page35?oid=47752&sn=Detail
.
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