In other words, by the time the computer has worked out how the fire will spread, the forecast is already long out of date.

ECONOMIST: Next, the fire forecast

Investor sentiment has been less enthusiastic, with net liquidation in ETF palladium holdings for the year to date, Johnson Matthey said, playing a big role in 2011 net investment demand forecast to be negative by 215, 000 ounces.

FORBES: Johnson Matthey: Palladium Market Swings To Surplus In 2011