as one of the main by-products of copper and platinum mining. copper miners out of chille have begun to reduce mining operations due to lack of demand from china, which could indicate weakness in their housing market possibly. since palladium's rise is due to the auto sector. id use this opportunity to look at weaker auto candidates and countries with unusual auto manufacturing dependence specifically with euro-zone exposure.
there is no palladium in chile. Palladium is present in only very few mines, very well located in the globe (south africa, russia, canada). Comparison with copper is bad in my humble opinion.