Palladium is used a lot for electronic purposes -- new usages now that are in the high-tech area. So it has that kind of a very substantive future.

The total sold is not serious. It can be absorbed, but the perception that other banks may sell and the fact central banks have diminished their commitments to gold is the bearish factor and it is a serious bearish factor.

The market's going to go lower. Ultimately it will stabilize and then we can begin to see some sort of firming. But at this stage the outlook is extremely bleak because when Australia, a country that is a major producer, comes into the market and sells, that raises some unease.

In high-tech like this, you're going to have that happen.

An operating system is the great facilitator; it is the great protector; it is the great illusionist.

There are these little bursts of good news in the tech area.