Precious metals market suffers as stock market crashes

Palladium Investing News reports the recent stock market events have impacted the commodities markets and precious metals such as palladium.

The current stock market crash is regarded as devastating, bringing forth comparisons with the Great Depression. Famed economist Alan Greenspan has this to say about the bursting of the housing bubble and its effect on the world economy. “There has been a bit of historical revisionism going on. The real force behind the soaring real estate prices was a global one: a drop in worldwide inflation and interest rates, in part because the end of the Cold War and the rise of China as a manufacturing colossus.

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