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<p>[QUOTE=&quot;gxseries, post: 377684, member: 4373&quot;]Yea but didn&#039;t you see what happened in 2000-1? Russian politics decided that Russia should not supply additional palladium to the rest of the world, complied with the problem that US legislations demanded new clean air act to be enact and thus made palladium price surge higher than platinum at one stage near 1,100USD as American automobile manufacturers decided to stockpile. When Russia cleared it&#039;s politics, prices fell from a moderate 300USD to a mere 200USD after that event. Some major US automobile companies in particular Ford had to write off millions for their hoarding in that short period of time.</p><p><br /></p><p>Take it this way, if that happened to be coins, if you sold it at 1100USD, good job but if you bought it at 300 and realized that it&#039;s worth 200USD after that drama, you wouldn&#039;t be a happy man. I wouldn&#039;t either. What is more interesting is that there are more platinum deposits found recently than palladium which may in turn reverse the price of palladium and platinum since palladium works reasonably well as catalysts where platinum has been the preferred choice. That said, Russia I think supplies more than 50% of the current world supply, South Africa at 33%+ and the rest from North America.</p><p><br /></p><p>Mints in general don&#039;t want to mess around with metals that are too volatile. That said, how many countries do you know that still mint coins in platinum? Not a lot to be exact. Why not mint coins in other novel metals? Like Rhodium? Well sure they work for a while but not for a long period of time. The only exception I know is the Austrian silver-niobium coin but otherwise, it just doesn&#039;t work out. Kazakhstan is trying out the silver-tantalum coin series but we&#039;ll see how long that will last.[/QUOTE]</p><p><br /></p>

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