Other Novelties and Stuff.
It turns out that Palladium is not as good a catalyst as Platinum. Independent Chemical test can sand do show this.
The auto industries switched to Palladium 'to cut corners, reduce cost”. That lead to the emission scandals in Europe . Manufacturers doctored the software to compensate for economic driven engineering changes at Volkswagen. Palladium was not nearly a good substitute as was pushed.
'Gee' sounds like Boeing, they altered the flight software to compensate for effects of new larger engines for their new sexy refit of an old workhorse 737. Aircraft are more delicate than cars. You thinks Boeing might have known this?
I bet there is some push behind the scenes to accept Palladium as a reserve metal! Why else would it now be at near parity with Gold ? at same time as the Basel 3 rules kicked in, March 31. Russian reserves? Russian Nickle, Copper miners produce palladium as a byproduct.
Now that the prices Palladium and Platinum have switched places, ( sort of ) auto industry announced it is switching back to platinum. That was the ‘external' news that apparently knocked the Palladium market off kilter. ( a media plant )
All precious metals have to be monetary metals now. its the unintended consequence of the debt glut.
We're good. Platinum is back on the “white channel” I expect 900 by mid April ( ? ) Platinum has to seek parity with Gold. The independent movements of Platinum price relative to Gold price is consistent with this thought.
