Palladium spot prices tumble by 3.14 percent

- September 30th, 2008

Palladium Investing News reports spot prices for palladium fell as the US law makers made a decision on the financial bail out. While there are many analysts who feel that the proposed 700 billion dollar deal is counterproductive, more still believe that failure by the U.S. government to intervene and assist failing banks will result … Continued

Palladium Investing News reports spot prices for palladium fell as the US law makers made a decision on the financial bail out.

While there are many analysts who feel that the proposed 700 billion dollar deal is counterproductive, more still believe that failure by the U.S. government to intervene and assist failing banks will result in further disaster in the stock market. A large-scale intervention from the U.S. Treasury, such as the one being debated at present, is the largest assistance scheme since the Great Depression.

 

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