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Hard Assets Alliance
June 13, 2019



Elon Musk, Richard Branson, and Jeff Bezos have invested more than $4.5 billion into the future of our species.

I’m talking about space travel!

And as crazy as this might sound…

According to Forbes:

“It appears that we really are less than a year away from commercial space flights.”

But there’s a huge problem for intergalactic tourism.

No, it’s not reusable rockets… or rocket engines… or even funding…

It’s radiation.

This radiation comes from the sun as solar particles…

Or from the galaxy, as cosmic rays.

And it can cause some serious damage to everything we send up into space…

Like the spaceships, the onboard computers, and the people inside.

But it turns out, there’s a simple solution to this universal problem.

GOLD… Yes! The same GOLD you can buy with your SmartMetals Account.

Which is why you’ll find it inside every single galactic gadget there is.

It’s used with:


  • Gold in space helmets to protect astronauts’ faces. A thin film of gold fends off the dangerous effects of solar rays...


           So it’s an absolute necessity for space travelers.


  • Lubrication for mechanical joints. Where oil or grease might freeze or evaporate in space…

    Gold keeps slipping, sliding, and protecting.


  • Connectors in spacecraft computer systems. Gold is a dependable conductor and connector…


            Meaning it can carry electrical currents without fear of corrosion.

As you can see, the space industry is dependent on gold…

It’s indispensable.

Keep your eye on it…

Because demand is about to explode.

You see...

The space industry is expected to grow from $360 billion to $558 billion by 2026.

And gold is the best metal for protecting space tech from radiation.

This future has arrived.

Now you have an incredible opportunity…

To invest in the future of space travel...

By investing in gold.

If you’d like to hold some of this noble metal in your portfolio…

Click here to buy gold now - and invest in the final frontier!

For information on Hard Asset Alliance, click HERE

WealthCare Connect may receive compensation from Hard Asset Alliance for purchases make through the above links(s).

Hard Assets Alliance
June 7, 2019

Right now Apple is the fourth most valuable company in the U.S. by Market Cap...

And according to my research, they’ve got a $77 million secret hidden inside their iPhones.

Once you understand what this secret is…

You’ll see its value to Apple… and how you can potentially profit from it.

So what’s hiding inside each and every iPhone?

It’s silver…
An irreplaceable metal that makes the electrical connections inside each iPhone function properly.
And each iPhone contains roughly 36 cents worth of silver.
Which means the 217 million iPhones sold in 2018 contained more than $77 million worth of silver.
That's the equivalent of 4.8 million troy ounces of silver...
Which is enough to build the famous statue inside Lincoln Memorial fully in silver…  
Enough silver to produce the Super Bowl trophy for the next 42 thousand years…
Enough silver to produce 240,000 Silver Medals at the Olympic Games…

And silver isn’t just inside their iPhones…
It’s in every single device they make.

  • iPads
  • Laptops
  • Desktops

All of them NEED silver to function properly.

And it’s not just Apple’s devices that require silver…
It’s literally every single smartphone, laptop, and desktop made around the world.
Which means every single device shipped by Google, Amazon, Samsung, Microsoft, and Intel...
Billions of devices, each year, all need silver.

And as these companies continue to grow and fight for market share…
Their demand for silver will increase with it.
Which is why we think it makes perfect sense to bet on everyone by betting on silver.
To get started, all you need to do is open up your free SmartMetals account.
PLUS! Once you open your free account...

You’ll also get access to a private interview I recently hosted with technology investor and expert Ray Blanco.
He’ll be sharing some key insights into how silver is shaping the future of technology… and why you should consider investing in silver today.


More Info

WealthCare Connect may receive compensation from this provider for purchases you make through the above links

Hard Assets Alliance
June 5, 2019


Right now, there’s a revolution in the global automotive industry…
It’s electric and hybrid cars… what we call “smart cars.”


The fact is, silver is used extensively in smart cars…
And the auto industry estimates its demand for silver will reach $2 billion a year by 2040.
If you want to potentially profit from the growth of smart cars, there’s a great way to get started...
Buy silver!
Here’s why…
Today’s cars use an aggregate of over 36 million ounces of silver each year.
As smart cars improve and the market grows, that number’s forecasted to triple in 20 years!
Just take a look at this graph:

You can see (in blue and green) the forecasted demand for silver in electric vehicles (EV) and hybrids (HEV) in relation to internal combustion engines (ICE) (in orange).
Furthermore, silver in cars is irreplaceable.
Already, it’s used in automotive parts and systems...

  • Switches
  • Electrical wiring
  • Microchips
  • EV batteries
  • Spark plugs
  • Antifreeze
  • Catalytic converters

Still, there will be much more… as the auto industry moves into the future.
Now could be the perfect time to add silver to your portfolio.
To get started, all you need to do is open up a FREE SmartMetals account.
PLUS! Once you open your free account...

You’ll also get access to a private interview I recently hosted with technology investor and expert Ray Blanco.
He’ll be sharing some key insights into how silver is shaping the future of technology… and why you should consider investing in silver today.

Hard Assets Alliance
June 3, 2019

Last year alone, solar energy accounted for 29% of all new electric generating capacity.
In fact, the solar energy industry is expected to hit $60 billion in U.S. sales over the next 10 years.
And because of this energy revolution...
Silver could become the #1 precious metal to own in 2019.
Let’s take a look at the two opportunities where silver plays a big role:
#1 ) The Solar Energy Industry
Like I mentioned, solar energy is booming in America.
But globally… it’s doing even better.
The global solar energy industry is expected to reach $422 billion by 2022.
That’s a 4,938% increase from 2015.
As you may know, solar energy is harvested through solar panels which are made with silver.
Which means investing in silver is investing in the raw material powering this energy revolution.
But there’s a huge problem right now limiting solar energy’s growth.
See, you can’t use it when there’s no sun.
Natural gas is still #1 because it’s the only way to power entire countries at night.
But not for much longer...
Because the solution to this huge problem is the second opportunity...
And this solution could make solar the world’s biggest energy source.
#2 ) Fuel Cells

The U.S. Department of Energy predicts the fuel cell industry will be worth $43 billion to $139 billion in the next 10-20 years.
But as of today, there’s a big problem with making fuel cells.
Solid oxide fuel cells (SOFCs) offer a stable and efficient way to generate clean electrochemical power...
But they’re impractical for use in portable devices because of their high operating temperatures.
Not to mention the fact they require platinum to be used as the catalyst… which isn’t exactly the cheapest material to be using.
According to Suljo Linic, Associate Professor of Chemical Engineering at the University of Michigan, silver could be the answer to this problem.

“We have been looking at a silver-based compound and we have known for a long time that silver can form this type of reaction at about 10 to 15 times lower rates than platinum. But what we like about silver is that it’s very cheap, about 50 times cheaper than platinum, and when forming silver nanoparticles it allows for a high density of active sites in the material.”

Linic said up until recently silver would have been useless in the acidic environment of fuel cells...
But advances in new membrane technologies in the last decade allow for silver to be used in basic fuel cells without being prohibitively expensive.
Which means investing in silver could give you exposure to the most promising disruptive force in the energy sector.
Interested in investing in silver?
So all you have to do is log in to your SmartMetals account and buy silver.
PLUS! Once you open your free account...

You’ll also get access to a private interview I recently hosted with technology investor and expert Ray Blanco.
He’ll be sharing some key insights into how silver is shaping the future of technology… and why you should consider investing in silver today.

WealthCare Connect may receive compensation from this provider for purchases you make through the above links.

Hard Assets Alliance
May 31, 2019

Amazon has a problem...a BIG problem.
Every year, they ship over 5 billion packages…
But many of those packages never make it to their destination.
You’ve seen this first hand if you’ve ever had a package not show up or go to the wrong address.
Frustrating, isn’t it?
But they’ve found a solution…
Introducing Nano Silver: The Metal of the Future
What is nano silver?
It’s pretty much the same thing as regular silver but with one major difference...
It’s broken down into tiny little particles called nanoparticles…
Less than 100 billionths of a meter in size.
Having trouble imagining that?
I’m right there with you.
But don’t worry…
Because all you need to know is that these nanoparticles are an important part of RFID chips...
And they’ll be part of almost everything in the near future.
Think of RFID chips as self-powered micro computers...
And Amazon loves them.
Because they replace bar codes and turn your lost packages into "smart packages"...
And this helps them always find their way back to their owner.
Say goodbye to lost packages forever, and say hello to on time deliveries – every time!
And it’s all thanks to nano silver.
Want to invest in this growing trend?
It’s easy!
Remember, nano silver is the same as regular silver…
So all you have to do is log in to your SmartMetals account and buy silver.

May 30, 2019

A comparison of strengths and weaknesses


Are you better than a robo-advisor? The answer is yes. And no. Human advisors are better than robos at some things. Robos at others. What’s interesting here is the intrinsic advantages each hold and the potential for what each can do. This, more than the current state of play, will inform the future shape of the wealth management industry on the assumption that, overtime, robos and human advisors will each specialize in what they do better. So, what can robos do as well as advisors? What can they do better? And where will human advisors continue to have an edge?


Where Robo-Advisors and Human Advisors are Equal

Robos and advisors tie in three areas of intrinsic ability: pre-tax, pre-expense performance, customization and tax, and convenience.

  1. Pre-Tax, Pre-Expense Performance
    In principle, robos can invest in anything an advisor can, so there’s no built-in advantage to one or the other. In practice, robos tend to use simpler products like ETFs. This enables them to lower costs and serve smaller investors. But it’s a choice, not a limitation of robos.

  2. Customization and Tax
    Traditionally, high levels of customization and tax management have been associated with the type of labor-intensive portfolio management provided to high net worth or ultra high net worth investors. But most forms of customization (including customized asset allocation, customized product choice and ESG screens) and most forms of tax optimization (including tax-sensitive transition, year-round tax loss harvesting, and long-term gains deferral) can be automated.

    Most robos currently keep things pretty simple, but, again, this is a choice. There’s nothing stopping robos from offering the type of customization and tax management that used to be the exclusive preserve of ultra high net worth investors.

  3. Accessibility
    You’d think accessibility and convenience would be a clear win for robos. But nothing stops human advisors from offering all the same 24/7 reporting and self-service options a robo does (e.g. putting in a withdraw cash request late on a Sunday night). The “tech-enabled advisor” is basically an advisor with all the tools a robo has.

    Most advisors haven’t yet rolled out this type of functionality, but this is just a matter of time. Robos have no intrinsic advantage.


Where Robo-Advisors Beat Human Advisors

Robos have the potential to outperform advisors in terms of price and post-expense performance, as well as trust that is based on transparency.

  1. Price
    Robos charge less than human advisors (or at least they should) — after all, they don’t have to pay advisor salaries. There’s no way around this, and it’s a pretty big deal. The robo cost advantage leads us to the second area where robos can (or at least should) beat advisors:

  2. Post-Expense Performance
    Robos have lower fees, and, in principle, robos can invest in anything a human advisor can. So, net of advisory fees, you’d expect robos to outperform human advisors, on average.

    This assumes we hold investor behavior constant, meaning we assume that investors who work with robos and investors who work with human advisors will behave the same in terms of things like the amount they invest, their predilection to market timing, etc. This is a big assumption. More on this later.

  3. Trust via Transparency
    Trust? For a computer? Surely this is where humans win? Well, as we’ll see, yes, it’s an area where humans can do better. But not always. Robos have the advantage of transparency. Robo offerings are automated and systematized, and this makes it possible to know precisely what you’re getting. It’s public and transparent.

Form ADVs notwithstanding, what human advisors do can be pretty opaque. That makes it harder for investors to judge the quality of human advisors. And investors are justified in having some trepidation about what their human advisor is really doing, and why. For example, advisors tend to invest in more expensive products, despite a dearth of evidence that they serve investor interest. One common explanation is, to quote an old Wall Street saying, “the margin is in the mystery,” meaning you get to charge more for products that customers don’t understand. This is not meant as an indictment of advisors, only a reminder that human advisors shouldn’t take for granted that they, not robos, are going to win the trust war.


Where Human Advisors Beat Robo-Advisors

We see advisors beating robos in three areas: coaching, advocacy and trust.

  1. Coaching
    Arguably the most important part of financial advice comes under the heading of “coaching” — helping clients set realistic goals, guarding against panic and excess enthusiasm, and changing spending and saving habits. Each of these can change investors’ lives. And, for now at least, human advisors have a clear advantage.

  2. Oversight and Advocacy
    Human advisors can act as the hub of all your financial concerns, coordinating the activities of your CPA, your trust and estates attorney, your mortgage broker and your insurance agent.

    We spoke with one RIA who described it this way, “If a client ever has to ask us whether they should refinance their mortgage, we’ve failed. Our advisors should know enough about their clients and the current market to tell their clients when refinancing is in their interest. And they should do this even though we don’t get paid on mortgages or refinancing.”

    Another said, “We’re not (all) CPAs, but we know accounting pretty well, we’re not (all) insurance agents, but we know insurance well, and we’re not trust and estate attorneys, but we know trust and estate law pretty well, too. We know enough to be the financial hub, making sure all the players are acting together in our clients’ interests.”

    Dreams of robos powered by AI notwithstanding, no robo can touch this level of service.

  3. Deep Trust
    We listed “trust” as one of the strengths of robos over human advisors. Here, we list it as one of the strengths of human advisors. This is not contradictory. Many investors are distrustful of human advisors, as a group, and these investors may have an easier time trusting robos, in the sense that they will be charged a fair price. But deep trust, the willingness to let someone be a coach and advocate, is still the exclusive preserve of human advisors.


There are all sorts of ways in which the above lists of strengths and weaknesses doesn’t fit the current state of the market. But the potential is there, and we think this heralds a fundamental shift in the role of the human advisors. In the long run, human advisors can’t base their value proposition on services that robos can provide just as well. And that means human advisors will lose to robos if they compete solely on security selection and performance. What’s the alternative? Competing based on holistically overseeing and guiding the client’s financial wellbeing. We’re not alone in thinking this. Most of the wealth managers we speak to are steering their firms in this direction. The shift won’t be easy (knowing where you want to go and getting there are different things, but that’s a topic for another day). Nevertheless, the consensus we hear is that the question isn’t if. It’s when.

Written by Gerard Michael on May 30, 2019

May 24, 2019

The biggest change happening in wealth management is in functional roles

Written by Gerard Michael on September 13, 2018

Clearly, there’s interest in the topic. We wanted to take a look at the topic from a different perspective: how roles in wealth management will change. At the heart of these changes is a new division of responsibility and a higher level of specialization. In particular, disparate functions that used to fall on the advisor are now divided among three specialist groups: the advisor, the investment policy committee, and (a new role) the overlay manager. We’ll look at each of these roles in turn.
The Investment Policy Committee (IPC)

The old:
The IPC constructs buy lists of approved securities and sets asset allocation guidelines.

The new:
The IPC constructs asset allocations and suggests product (e.g. mutual funds, ETS, weighted lists of securities) for each asset class. As importantly, the IPC sets compliant limits on the construction of custom asset allocations and alternate product choices. The IPC may also set limits on asset class and/or security drift. And the IPC will set firm rebalancing policy.


The Advisor

The old:
The advisor trades portfolios, selecting securities from the firm’s buy list, making sure portfolios fall within the firm’s asset allocation guidelines. Advisors fold customization and tax management considerations into their choice of trades for each account.

The new:
The advisor constructs custom solutions for each account. The advisor selects, for each account, the IPC created asset allocation most suited to an investor’s needs. The advisor modifies this asset allocation and/or product mix and sets transition, tax management, ESG and other parameters, as appropriate to meet the investor’s individual needs.


The Overlay Manager

The old:
N/A. The overlay manager is not a role that existed in traditional wealth management.

The new:
The overlay manager trades each account in a manner faithful to the joint instructions of the IPC and the customization parameters set by the advisor.


The graphic at the beginning of this post summarizes these changes in roles. Implementing this new wealth management is non-trivial, but the payoff is large:

  • It’s much more efficient.
  • It reduces the incremental cost of customization and tax management to zero, so it becomes economical to provide high levels of customization and tax management to all clients.
  • Advisors get to spend more time with their clients.
  • It’s more consistent. Similar accounts will have similar outcomes. And policy changes of the IPC will usually be implemented across the entire book of business in one business day.
  • It’s more compliant. By capturing client customization criteria and automating much of implementation, compliance becomes a “built in” feature of the process — not just an after-the-fact review.

As we concluded in our last post, the new wealth management is better than the old. It’s better for clients, who benefit from greater customization, superior tax management and more time with their advisors. And it’s better for most advisors, who can spend more time guiding clients to meet their financial needs. 


Source: https://www.smartleaf.com/our-thinking/smartleaf-blog/oldvsnew-wealth-management-partii?utm_campaign=thought%20leadership&utm_medium=email&_hsenc=p2ANqtz-9FPVD4VNLjlPrFVFSi4wOb_WpEHhbr1bHerUi4_jzeu83PDwToHCAeFtJ4HaVz6NRbqPHdoEzPC0zpbCL0HouU5_C1Zp4U6o1lvWm_-gsljdpVilI&_hsmi=72956392&utm_content=72955225&utm_source=hs_email&hsCtaTracking=c0b3bd54-413d-45ee-93bb-c4c8297f7c4a%7Cfb8fc772-0e1b-4dba-af92-48a59b6b5c94

Hard Assets Alliance
May 23, 2019

If you could invest in tech & electronics - without buying stocks.
And get in on - the most exciting innovations in technology — but play it relatively safe.
You’d be interested, right?
Thought so.
Take a look at this…

Yes, it’s a circuit board / multi-layer ceramic (chip) capacitors (MLCC).
And millions and millions of phones, laptops and flat screen TVs all NEED one.
But here’s something most people don’t know about circuit boards/MLCCs.
The majority of them contain palladium.
Heck, the device you’re reading this message on right now likely has palladium inside it.
Because palladium is used to coat electrodes — the tiny components in electronic products which help to control the flow of electricity.
Why am I telling you this?
In 2018, approximately:
1.56 billion smartphones
162 million laptops
150 million tablets
221 million TVs were SOLD worldwide.
In fact, the Global Consumer Electronics Market is predicted to reach USD 1,787 Billion by 2024.
I’d consider that a LOT of commercial and consumer demand for palladium, would you agree?
Just ask yourself...
Does almost every teenager you see — seem to have, some kind of tech gadget permanently attached to their hand — and do you yourself, ever leave home without your phone?
Case closed.
If you’d like to get to invest in a multi-billion dollar industry using your SmartMetals account
All you have to do is login and buy palladium.
But here’s the thing:
Can we guarantee the price of palladium will go up?
No, of course not.
However, as you can see...
Palladium does seem to be an excellent way — to get exposure to multiple huge trends that are transforming our world — without risking the shirt on your back, betting on some high-flying tech stock.
If palladium sounds like it fits your precious metal investment strategy.
You can add some to your portfolio now.
Simply login into your SmartMetals account.

May 16, 2019

Loss harvesting gets all the attention, but it's gains deferral that does most of the work.

I recently defended tax loss harvesting against its critics. But there was a twist. I noted that while tax loss harvesting is well and truly valuable, it is not the star of tax management. That honor belongs to gains deferral. For many folks, this is a bit shocking, like learning that Sherlock Holmes has a smarter older brother (Mycroft Holmes). Loss harvesting gets the attention; gains deferral does most of the work. We thought we’d do our bit to bring gains deferral out of the shadows and give it the acclaim it deserves.


What is gains deferral?

Gains deferral is the act of holding a position that, but for tax considerations, you would otherwise sell. There are two types:

  1. Short Term Gains Deferral: You delay selling a short-term position until it’s long term. Roughly speaking, this cuts your tax bill in half. 
  2. Long Term Gains Deferral: You delay selling a long-term position, maybe for just a while, maybe indefinitely. If you sell eventually, you’re still getting value, in the form of a delayed (deferred) tax bill. It’s the equivalent of an interest-free loan. And if you never sell, either because you hold the position until death, or you donate the position to charity, you avoid capital gains taxes entirely. 


Why is gains deferral more valuable than loss harvesting?

One of the criticisms of loss harvesting is that, on average, markets and investment portfolios go up in value, so, eventually, you have no more loss harvesting opportunities. We’ve explained why this isn’t quite true. (There’s always stuff happening, like rebalancing and cash flows, that can create new loss harvesting opportunities.) But it’s not completely false either. In a portfolio that is properly managed for taxes, you will get lots of appreciated securities. That’s bad for loss harvesting, but good for gains deferral. After a few years, gains deferral becomes the dominant tax management strategy. We can quantify this. Smartleaf generates a Taxes Saved Report for every account managed in our system that breaks down taxes saved from loss harvesting and gains deferral. In 2018, 78% of taxes saved came from gains deferral, compared to 22% from loss harvesting.


Why is gains deferral hard?

Gains deferral sounds simple. After all, how hard is it to not sell something? But there’s more going on than just refraining from a sale. The challenge of gains deferral is to avoid selling appreciated positions while still ending up with the portfolio you want. The downside of holding onto a position for tax reasons is that you’re left owning more of the position than you want. And that means you're exposed to a particular stock’s performance more than you want to be. The key to competent gains deferral is keeping this risk under control.

How? First, actively “counterbalance” overweighted positions by underweighting securities that are most correlated with the security that is overweighted.  If you’re overweighted in Exxon, underweight Chevron. The idea is to keep core “characteristics” (e.g. beta, capitalization, P/E, sector, industry, momentum, etc.) of the portfolio unchanged.1

Second, don’t overdo it in the first place. If an appreciated security constitutes the majority of a portfolio, a deferral of all gains would be a case of the proverbial tax tail wagging the investment dog. How much is too much? It depends on 1) how volatile the security is, 2) your return expectations for the security, relative to alternatives, and 3) how well you can effectively undo the overweight risk through counterbalancing.

So, let’s put it all together. Well executed gains deferral means prudently holding onto overweighted positions with unrealized gains, and then minimizing the risk and return impact by carefully counterbalancing. It is an optimization problem. And, unlike loss harvesting, your work isn’t done in 30 days. You have to keep monitoring the overweighted positions and evaluating how to counterbalance the overweight for as long as you own the security.

And that’s why gains deferral is hard. Done well, it requires sophisticated optimization analytics.  It is exceedingly difficult to do well manually.2 And it’s an open-ended commitment — maybe even a lifelong commitment if you hold overweighted positions till death.


Why don’t we hear more about gains deferral?

Given gains deferral status as the core of efficient tax management, why don’t we hear more about it?

One reason seems clear: implementing gains deferral manually requires a level of attention and care that is only economical for high net worth — or perhaps ultra high net worth portfolios. The good news is that modern automation tools are changing this. Sophisticated gains deferral, like sophisticated loss harvesting, can now be implemented inexpensively and at scale.

But there may be another reason why gains deferral doesn’t get the attention it deserves: Clients may value it less. It appears to be doing nothing. What client wants to pay their advisor for doing nothing? This applies double for legacy holdings — positions that the client transferred in to be managed by the advisor. Why should the client pay an advisor for holding a security that the client bought? The reasoning isn’t sound. Risk-managed gains deferral is really valuable. And hard. But it may not be highly valued by clients.


Having conjectured on why gains deferral doesn’t get the credit it deserves, we’re still a bit puzzled. On this point, we’d especially like to hear from you. Leave comments or reach out to us directly. We’ll share what we learn.



1 Not everyone will focus on the same characteristics — also called “factors.” Some correspond to plain-English characteristics, like “sector” or “capitalization.” Others are purely mathematical constructs with no obvious real-world counterpart.

2 There are cruder approaches to counterbalancing, such as  just underweighting everything else pro rata, or just buying less of whatever you were planning to buy next, but these simple approaches will result in greater risk and performance drift.

Written by Gerard Michael on May 16, 2019

Hard Assets Alliance
May 15, 2019

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/advancedmarketplace/detail/72/precious-metals/