WOW........ WHAT IS GOING ON WITH PALLADIUM????

in steemsilvergold •  5 months ago 

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I just checked Kitco a few minutes ago and the Palladium spot price was up $33.00 today .....are you ready for this $1,743.00 !!😀

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I picked up this StillwaterPD round that was processed by Johnson Matthey for $550.00 ......Score!!!😀
I understand that the majority of the Palladium mined comes out of South Africa and Russia.
I have also read, that Palladium is 30 times more rare than Gold!!
So what is driving this price....
This precious metal is used mostly in catalytic converters, and the price spike has caused a rash of thefts, with three to seven grams in the average converter.
Being a Silver guy, I just had to stack some of this look alike white metal!😀

Silvertop... Mike😀

#sbi-skip

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