• Facebook
  • LinkedIn
  • Twitter

In 1803, one man made a discovery that would make the world — a better place.
And I’m guessing you’d like to invest in a metal like that.
And if you’re not in the loop.
You’re in for a real treat.
Take a look at this…

It’s a catalytic converter.
And every modern, gasoline-powered engine has one.
Including: electrical generators, forklifts, mining equipment, trucks, buses, locomotives, and motorcycles.
Because a catalytic converter reduces emissions of three harmful compounds:

  • Carbon monoxide (a poisonous gas).
  • Nitrogen oxides (a cause of smog and acid rain).
  • Hydrocarbons (a cause of smog).

Which makes a catalytic converter — a life preserver.
The key precious metals inside?
Platinum and Palladium.
Now, let’s talk about demand.
What kind of continuing demand is there for palladium in the auto-industry?
Well, the global market for catalytic converters is predicted to hit a staggering $73.1 billion by 2025.
And with 7+billion people on the planet, the demand for personal and commercial transportation has never been greater.

“And since Standards requiring the use of catalytic converters on [gasoline-powered] cars first came into force in 1993 with EURO I, which was replaced by EURO II in 1997.
Even stricter standards have been agreed, with EURO III and EURO IV, coming into force in 2001 and 2006 for passenger cars and in 2002 and 2007 for light commercial cars.”

But, that’s not all...
Because it’s NOT just the West —  ‘driving’ the demand for ‘catalytic converters’ —  the East is joining the party too.
And as the Asia Pacific regions – like Japan, China, India, and South Korea – continue to need more and more passenger cars – due to their emerging middle class…
The demand for palladium in the auto-industry looks promising and profitable.
Want another reason?  You got it.
How else could 7+billion people influence the need for catalytic converters?
How about: Food and Tractors.

Agrievolution data shows that in 2017 more than 2.1 million new tractors moved around the world. Which is a 13% increase over the previous year and an 11% increase over 2015.
And more recently:

Charlie Glass, Chairman emeritus, Farm Equipment Manufacturers Assn.’s (FEMA) Dealer Relations Committee said:
“Tractor and combine sales for 2018 showed a very good increase in nearly all categories and that growth will continue into 2019. Our models indicated growth above the normal replacement activity and that should provide for another good year ahead.”

Do modern tractor engines ALL have a catalytic converter?  You bet.
And catalytic converters account for 50-70% of the total demand for palladium.
Will demand continue?
Consider this:
If emerging markets continue to grow, if people continue to desire personal transport and if 7+billion people continue to need food.
Then you might like to invest in palladium.
More info: https://www.wealthcareconnect.com/index.php/advanc...

Posted in: Investing