I was looking over all the precious metal this year and i think Palladium might be the next one to pop.
Top 5 reasons
1. A major component for cars, catalytic converters. Everyone seems to be slowly moving back combustion engines rather than electric.
2. Electronics, its used in circuit boards and micro chips. Its starting to replace gold in some compnents as that gets out of reach. Heavy data center demand for Palladium.
3. Extremely Rare metal, even rarer than gold and platinum, making it a highly valuable commodity. 30 times rarer than gold and 100 times rarer than silver
4. Its used in alot of defense applications, missiles, radar, nuclear weapons.
5. Export bans will create a high demand, super low supply situation.
I hasnt broken its 2021 all time high yet.