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<p>[QUOTE="yakpoo, post: 1241565, member: 18157"]Depending on who you believe, there's anywhere between 7,000,000 ounces and 14,000,000 ounces of palladium mined each year. I found that surprising; that's not much compared to other PMs. Over half of all palladium mined mined each year is used by the auto industry in catalytic converters...that doesn't leave much for the proposed Winged Liberty bullion coin. Demand for cleaner emissions (especially in China) will likely make palladium a good investment for some time to come...even at these levels.</p><p><br /></p><p>One point of caution...high prices also makes it economically viable to come up with alternate clean-air solutions or fuel alternatives (natural gas or electric). The supply/demand dynamic could always change in the future. A change could come rather quickly with the right invention.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1241565, member: 18157"]Depending on who you believe, there's anywhere between 7,000,000 ounces and 14,000,000 ounces of palladium mined each year. I found that surprising; that's not much compared to other PMs. Over half of all palladium mined mined each year is used by the auto industry in catalytic converters...that doesn't leave much for the proposed Winged Liberty bullion coin. Demand for cleaner emissions (especially in China) will likely make palladium a good investment for some time to come...even at these levels. One point of caution...high prices also makes it economically viable to come up with alternate clean-air solutions or fuel alternatives (natural gas or electric). The supply/demand dynamic could always change in the future. A change could come rather quickly with the right invention.[/QUOTE]
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