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<p>[QUOTE="Conder101, post: 2858556, member: 66"]One use for palladium is in ceramic capacitors which are used in some computers., and yes it is electrically conductive. All metals are due to the loosely bound "cloud" of outer shell electrons that can move easily from atom to atom.</p><p><br /></p><p>Palladium is an important industrial metal that is used as a catalyst in many chemical reactions, not just catalytic converters.</p><p><br /></p><p><br /></p><p>As the use of electric cars increases and catalytic converters declines that MAY cause a decrease in value, but the industrial demand will probably increase and keep the price up. There already is more demand than there is supply.</p><p><br /></p><p>One thing I DON'T like about this is that the legislation, like those of the ASE and AGE required the use of domestically mined metal. The entire annual domestic production is only 258,000 oz. If this coin does become popular it could easily consume the entire domestic production (Which already isn't enough to satisfy domestic demand. Domestic demand for just catalytic converters is 6 million oz.) So if this coin takes off we will have to buy another 258,000 oz from Russia each year. Palladium is a rare industrial metal, it should not be used for a stupid bullion coin. (personal opinion)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2858556, member: 66"]One use for palladium is in ceramic capacitors which are used in some computers., and yes it is electrically conductive. All metals are due to the loosely bound "cloud" of outer shell electrons that can move easily from atom to atom. Palladium is an important industrial metal that is used as a catalyst in many chemical reactions, not just catalytic converters. As the use of electric cars increases and catalytic converters declines that MAY cause a decrease in value, but the industrial demand will probably increase and keep the price up. There already is more demand than there is supply. One thing I DON'T like about this is that the legislation, like those of the ASE and AGE required the use of domestically mined metal. The entire annual domestic production is only 258,000 oz. If this coin does become popular it could easily consume the entire domestic production (Which already isn't enough to satisfy domestic demand. Domestic demand for just catalytic converters is 6 million oz.) So if this coin takes off we will have to buy another 258,000 oz from Russia each year. Palladium is a rare industrial metal, it should not be used for a stupid bullion coin. (personal opinion)[/QUOTE]
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