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silver_bars

Re: None

Wednesday, 03/09/2022 11:51:21 PM

Wednesday, March 09, 2022 11:51:21 PM

Post# of 112731
Russia’s invasion of Ukraine could lead to a significant increase in Platinum demand as automakers substitute the metal for Palladium in auto-catalysts, according to the World Platinum Investment Council .....

https://www.bloomberg.com/news/articles/2022-03-09/russian-invasion-may-drive-switch-to-platinum-from-palladium


Russia produces aprox. 45% of the global Palladium supply - and if that Palladium supply is cut-off, generally speaking; only Platinum can be used as a Palladium substitute ... Russia also produces 15% of the global Platinum supply - squeezing the Platinum supply even further

#56 ...




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