The long-term upward trend of palladium is due to three factors:
1. Demand from industry, which greatly exceeds supply.
2. Almost monopoly price controls by producers in Russia and Africa.
3. Interest in palladium by long-term speculators.
In such circumstances, prices can rise for several years. That will provide an opportunity to get good income in the long run.
1. Demand from industry, which greatly exceeds supply.
2. Almost monopoly price controls by producers in Russia and Africa.
3. Interest in palladium by long-term speculators.
In such circumstances, prices can rise for several years. That will provide an opportunity to get good income in the long run.