Palladium shortages seen to continue in 2013 on record car sales


With expected record automotive sales of 83 million globally this year the industry will continue to weigh on the already deficient palladium and platinum supplies. What we are seeing is an emerging market story based around the demand for precious metals whereas gold is a global monetary policy story.

Gold doesn't have the same real end industrial demand as palladium and has especially in emerging markets.

Stillwater Mining Co ( SWC , quote ) is the largest U.S. player and at one time was a significant holder of Russia's Norilsk Nickel until they recently divested.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , International , Stocks

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