Quote Originally Posted by Don12x20 View Post
Nice set of plots on price of Palladium -- at http://palladiumprice.org/palladium-price-history.html
Palladium (and Platinum) hit a high last spring due to closure of several mines.
Unfortunately the decrease in price is also shuttering several mines in South Africa starting this December.

with respect to B&S prices - they buy both Pd and Pt in coin form, and dissolve this in acid to start the process of making the necessary salts (per Discussions with Melody last spring). They do buy their coins on the spot market. They undoubtedly have to use the remaining coins in the safe and recover their costs prior to making new purchases. So buy up if you wish to see lower prices in the future ;-). Note that when the price rose, they kept the price low until they had to buy new coins.
I'd like to see Plat/Pall come down as well in Fact I've found small ways to reduce my use to curb the cost. With respect to B&S these guys are "the BOMB" so I pretty much stick to ordering from them. If I ever have a problem they spend whatever time I need to get it solved. Even replacing things that may or may not be their problem. Having them in my corner is worth the cost.