Profit from the Huge Price Surge in Palladium

You already know that South Africa and Russia are where nearly 80% of annual palladium supply is mined.
Since October, South Africa's problems with striking miners have only gotten worse. For three of the country's largest platinum producers (palladium is often a byproduct of platinum production), the recent nine-week strike has caused irreparable damage, costing the sector almost $1 billion in revenues.
Farther east, sales from Russian palladium stockpiles also appear to have reached their limits.
Traders closely track Russian shipments of palladium to Switzerland for clues on their supplies. That's because many believe Russia moves the bulk of its palladium through that country. February shipments were 6,500 ounces and have been trending lower since early 2011, according to Barclays, which expects a "sizable deficit" in 2014. And that's despite climbing prices.  (more)

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