$2,000 Palladium Is Not Out Of The Question

Sitting on solid supply and demand fundamentals, palladium may have more room to grow even with the recent run-up in prices, this according to Phil Streible, senior market strategist at RJO Futures.
“There’s no question on how high [palladium] could go because of the fact that there’s limited supply and it’s controlled by Russia and what little comes out of South Africa. With the new regulations on catalytic converters and fighting pollution, there’s a true demand for palladium,” Streible told Kitco News. (show less)

Sitting on solid supply and demand fundamentals, palladium may have more room to grow even with the recent run-up in prices, this according to Phil Streible, senior market strategist at RJO Futures.
“There’s no question on how high [palladium] could go because of the fact that there’s limited supply and it’s controlled by Russia and what little comes out of South Africa. With the new regulations on catalytic converters and fighting pollution, there’s a true ... (read more)

Kitco NEWS

Kitco NEWS
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

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