Imagine more Chinese driving more cars. All these new cars filled with Palladium constructed catalytic converters. China has a huge pollution problem and Palladium is the answer to less automotive emissions. Russia controls 40% of the supply and has recently been announcing to the world that it does not have a large Palladium stockpile therefore minimal supply. Demand will begin to outweigh supply for the long term. Palladium at $600 an ounce in my opinion is undervalued.