Global Prudential Observes Value in Palladium


Posted May 28, 2014 by associate12

Palladium moved over $80.00 an ounce this year. Experts believe that minimally $200.00 more may be right around the corner. With the auto industry booming and the supply the lowest in decades this market could very well be the next BIG thing.

 
New York, NY, USA, May 28, 2014 -- Timing Timing Timing. In Life there's a million ways to lose a day of work but not even a single one way to get a day back. Palladium offers a simple supply and demand opportunity to take advantage of. I fact it's being called the new Gold.

Russia and South Africa are the two largest palladium-producing countries. Both countries are tighting up any exports.

Last week, “holdings of physically-backed palladium exchange-traded funds hit record highs this week after heavy inflows into two products launched in South Africa in March pulled in half a million ounces of metal in less than two months.

Analysts continue to forecast supply deficits for platinum and palladium, which could further boost prices.
While some technicians have doubted the impact of geopolitical headlines on palladium futures, it is impossible to deny that PALLADIUM is up almost 12% over the past 90 days as economic sanctions have hit Russia and mine strikes in South Africa have stretched into an eighteenth consecutive week

About Global Prudential:
Global Prudential is a full service derivatives Brokerage. We offer Precious Metals both physical bullion and leveraged. Gold, Silver, Palladium, Platinum, & Rhodium. We also offer Contracts for difference
(CFD) including oil, wheat, Natural, gas etc.,

Contact:
Robert Reeves
Global Prudential
276 5th Avenue, suite 704
New York, NY 10001
646 206 4796
[email protected]
http://www.gprudential.com
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Contact Email [email protected]
Issued By Robert Reeves
Phone 646 206 4796
Business Address 276 5th Avenue, suite 704
Country United States
Categories Finance
Tags funds , industry , metals , palladium
Last Updated May 28, 2014