Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
If you’ve been long palladium, you know much of the ride over the last two years has been remarkable.
The white metal gained 350% in value between January 2009 and February 2011. It practically doubled in price in 2010 alone – the best performance of any commodity (followed by silver, corn and wheat).
Palladium investors were flying high.