LBMA’s Hochreiter Says Palladium Will Start to Pick Up

Bloomberg reported that London Bullion Market Association’s top forecaster, Rene Hochreiter,  said palladium will see gains as gold’s 12-year bull market comes to an end.

As quoted in the market news:

“I think America will sort itself out and the economy will start moving again, positively,” Hochreiter, 55, said from Inhambane, Mozambique. “As gold declines, as the world economy improves, so will the industrial side, and platinum, palladium and silver will start to pick up.”

Click here to read the full Bloomberg report.