You need to read the bloomberg news why the PGM metals rally big time today! The reason is looks like the Russians are going to stop exporting platinum and palladium!!! Once the Russians stop selling platinum and palladium, the international price of these two metals will skyrocket. Both Japan and China has listed the PGM metals as their critical strategic reserve metals. Every one will panic buy.
Which will be a huge boost to PAL and SWC, the ONLY two major PGM producers outside Russia and South Africa.
It's really ridiculous that the crooks push PAL to multi-year low while the PGM prices are breaking multi year high!! If you believe that not every one has become insane, you must study PAL and buy some while it is still dirt cheap. It could be the easiest double in a few weeks.
There is absolutely no good reason for PAL to drop from recent high of $12.65 to now $3.45, lower than book value and lower than annual metal sales. For God's sake this is a mining company thatproduces some of the most precious metals in the world!!!
This is absolutely ridiculous and an absolutely opportunity to buy at the low for some quick profits.
http://www.seekingalpha.com/article/55173-palladium-an-investable-metal-that-defies-physics

Which will be a huge boost to PAL and SWC, the ONLY two major PGM producers outside Russia and South Africa.
It's really ridiculous that the crooks push PAL to multi-year low while the PGM prices are breaking multi year high!! If you believe that not every one has become insane, you must study PAL and buy some while it is still dirt cheap. It could be the easiest double in a few weeks.
There is absolutely no good reason for PAL to drop from recent high of $12.65 to now $3.45, lower than book value and lower than annual metal sales. For God's sake this is a mining company thatproduces some of the most precious metals in the world!!!
This is absolutely ridiculous and an absolutely opportunity to buy at the low for some quick profits.
http://www.seekingalpha.com/article/55173-palladium-an-investable-metal-that-defies-physics
