Scotiabank’s Mohr names palladium as pick for 2011

Mineweb.com reports that Scotiabank’s economoist Patricia Mohr, has pointed to palladium as the top commodity pick for 2011.

The story is quoted as saying:

“Spot palladium prices should average US$510 per ounce in 2010 and US$650 in 2011, up from only US$265 in 2009 and US$352 in 2008,” Mohr predicted in her October Scotiabank Commodity Price Index report.”

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