from Outsider Club:
Back in September, a strange story broke that never really made it into U.S. headlines.
A major company publicly announced it wanted to purchase up to $2 billion worth of precious metals from the Russian Central Bank, and Bank of America-Merrill Lynch had expressed interest in financing it.
So far, not too bizarre, but here is the thing: Russia’s Norilsk Nickel and a group of investors wanted $2 billion worth of palladium.
The very same Norilsk that produces about 40% of the global supply.
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