PALLADIUM THE WHITE KING

SPPP80% of Palladium comes from two main countries like South Africa and Russia. Since Dec 16th, 2021 Palladium has grown 68% in 72 days, less than 3 months. Palladium prices will potentially increase due to the supply pressures of palladium not moving from Russia due to the tougher sanctions stemming from the Ukrainian invasion. Roughly 50% of the worlds Palladium is produced in Russia. Banks, businesses and other countries will not be able to buy or do business with Russia, therefor causing palladium to potentially surge and breakout in my opinion due to the high demand of 8 million ounces the world needs every year.

Palladium is currently at $2,364 per ounce--In any given general year approximately 10 million ounces of supply are provided a year for palladium. 7 million come from mines from two main countries like South Africa and Russia. The other 3 million come from recyclable palladium.

"In 2000, both Russian and South Africa failed in suppling palladium which resulted in palladium increasing from around 2200/OZ to over $1,000/oz within a few
months." So I can imagine based on the current economic situation how Palladium will perform in the future considering higher and multiple interest rate hikes, covid, inflation over 7%, War in Ukraine and World Wide market corrections, crashes and meltdowns as just a few examples of the abundant variables that could make palladium the contrarian investment to watch for 2022.

2020 was just the beginning in my opinion for palladium prices to start breaking out. In 2020 alone, platinum prices have climbed more than 90% (for the period 3/20/2020 to 3/26/2021) according to Sprott special reports and charts which I have personally observed.

I have taken a position in the closed ended ETF by Sprott ticker symbol SPPP and will be increasing my position as I see fit as a long term investment and not as a trading asset.

Thank You,
CryptobuzzAnalyst-Contrarian Investor and Trader

PS. This information should not be construed as trading or investment advice. This is only for entertainment and educational purposes. You should perform your own diligent research and be responsible for your own actions.