Russia is the biggest supplier and they have secretly sold off all their stockpile.
Palladium is superior to Platinum in many regards and is 30 times more rare.
Palladium is 1/3 the cost of Platinum
Number of Cars in the world will skyrocket as China and India come into being real players. Catalytic converters need the PGM Platinum Group Metals which included Palladium.
In a SHTF scenario, production of cars would likely cease/slow. There is the downside risk. In that scenario, you would need enough assets to get through the SHTF and out to the other side. In other words, if you would need to sell off your Palladium in order to get by, you would likely be selling at the worst possible time, and you will really be screwed.
Video discusses the Palladium story, and they promote a small Palladium miner.
http://pro.moneymappress.com/PPRPAL850FLXMMP/WPPRP305/
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Below is for my ease of reference, i.e. the initial purpose of this blog
Investing in Palladium through Mining Companies
One of the better — albeit indirect — methods of getting exposure to the palladium markets is by investing in companies that mine the metal. Here are a couple of them:- Stillwater Mining Company (NYSE: SWC): Stillwater Mining, based in Montana, is the largest producer of palladium outside South Africa and Russia. Although it is involved in platinum and other PGM, its primary mining output is palladium. It produces approximately 500,000 Ounces of palladium a year, primarily through North American mines.
- North American Palladium (AMEX: PAL): North American Palladium, headquartered in Toronto, has a significant presence in the Canadian palladium ore mining business. It is the largest producer of palladium in Canada, with production in 2005 totaling almost 200,000 Ounces.
- Anglo Platinum Group (South Africa): Anglo Platinum Group is one of the largest producers of palladium in the world. The company produced over 2.5 Million Ounces of palladium in 2005 and is estimated to have reserves of over 200 Million Ounces (this includes other platinum group metals). With its operations located primarily in South Africa, Anglo Platinum Group is your gateway to South African palladium. Its shares are traded in the Johannesburg Stock Exchange (JSE), as well as the London Stock Exchange (LSE).
- Norilsk Nickel (Russia): Norilsk Nickel is the largest producer of palladium in the world. It dominates the Russian palladium industry, which is the largest in the world. The company’s shares are available through the Moscow Inter-bank Currency Exchange (MICEX).
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Insightful and Useful Comment!