Gold, silver, and platinum are well-known assets for protecting your hard-earned dollars, but one metal has taken the precious metals market by storm. Palladium recently broke through $1,400 for the first time, making it the top-performing commodity of the last several years.
Palladium at Record High- Video Transcription
Over the last several weeks, we've been talking a lot about gold, silver, platinum. These are traditionally, they've been the main areas for consumers to preserve their wealth during times of economic downturn, stock market volatility, and of course a declining dollar coupled with inflation. However, recently there has been another metal that has really shined over the last couple of weeks and it's been catching a lot of attention. That metal is palladium. Now. There are not many people that are too familiar with palladium or its uses, but the main things that we really need to know is that it's used in the automobile industry in catalytic converters. That's its main purpose. Not only that, it's also the highest performing commodity in the entire world over the last several years. Yes, I said the highest performing commodity in the world, and it's not showing any signs of slowing down anytime soon. We have seen palladium move up more than 400% over the course of the last 10 years and the supply is continuously getting shorter and shorter, while demand continues to grow more and more each year as time goes on.
Palladium is a great way to diversify your portfolio in a very fast moving market and can be another form of protection from the incoming financial crisis that many experts have been warning us about. So if you'd like to get more information on how you can protect your money in this great metal, you can do so by calling us money reserve to speak to an account executive and they will assist you and answer any questions that you might have about acquiring palladium and how to do so. You can also get more information by calling the number on your screen or clicking on the link below to secure your copy of us money reserves latest report, 25 reasons to own precious metals. It has a lot of really good info that can really, really help you and your family understand some of the things that are taking place right now with our economic stability. So please call the number on your screen. If you have any questions, you can also use the comments section, and if you're watching from youtube, subscribe to our page so you don't miss a single update here at US money reserve's market insights. I'm Patrick Brunson, and as always, thank you for watching.