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A world set Adrift

Prerequisite Capital writes….Palladium, although considered a precious metal, is used extensively in cars and electronic goods around the world… as such, its major tops tend to coincide with tops in the global economic cycle – and as compared to our leading indicator for global growth (featured in our previous Quarterly Letter) and also the US PMI, it seems it might be ringing the bell at the top of the growth cycle presently?

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