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<p>[QUOTE=&quot;webstandardcss, post: 1993622, member: 72151&quot;]just waiting on the basketball fan to sign the bill...</p><p><br /></p><p><a href="http://news.coinupdate.com/american-palladium-eagle-bullion-bill-awaits-presidential-signature-0558/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.coinupdate.com/american-palladium-eagle-bullion-bill-awaits-presidential-signature-0558/" rel="nofollow">http://news.coinupdate.com/american-...ignature-0558/</a></p><p><br /></p><p>The American Palladium Eagle bullion coin bill (H.R. 6166) was passed by the Senate on November 30th by unanimous consent, which clears its way to being signed by the President next week.</p><p><br /></p><p>This bill will provide numismatic consumers with a fourth precious metal, complementing gold, silver, and platinum, as well as provide economic support for the single source of palladium in America, the Stillwater Mining Company (SWC) of Billings, Montana.</p><p><br /></p><p>The bill was originally sponsored by Montana’s Congressman, Denny Rehberg, who saw this as an opportunity to both fill a niche for coin collectors and precious metals investors who wanted an American palladium coin, as well as counter-balance the effects of General Motors’ post-restructuring decision to use offshore sources for the palladium in their products.</p><p><br /></p><p>From the Congressman’s web site, he stated, “This is a good bill for Montana that will empower the private sector to create good, well-paying jobs. As the price of gold skyrockets, Palladium provides investors with an option for an alternative precious metal.”[/QUOTE]</p><p><br /></p>

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