Delve into the catastrophic palladium supply shock of the 1990s, where post-Soviet hoarding nearly destroyed the booming global electronics industry.
As the Soviet Union collapsed in the early 1990s, the global technology sector was booming, hungry for components to build the next generation of cell phones and computers. They all relied on palladium, a critical precious metal largely controlled by a shadowy Russian state conglomerate.
What followed was one of the most chaotic supply crunches in modern financial history. This deep dive chronicles how Russian bureaucrats hoarded, delayed, and strategically dumped palladium onto the open market, weaponizing a vital resource and bringing Western electronics manufacturers to their knees.
Through unreleased corporate memos and trading floor panics, the narrative dissects the fragility of the global supply chain. It uncovers how a few signatures in Moscow dictated the production lines of Detroit and Silicon Valley, exposing the raw geopolitical leverage of rare earths.
Discover the untold story of the metal that holds our digital lives together. Get your copy to explore the high-stakes chess match between post-Cold War politics and corporate desperation.
Clara Hammond
Author
palladium market soviet union collapse rare earth geopolitics electronics supply chain commodity trading russian economics tech industry history