By Felipe Bijit
There is a rather sensible notion that basic materials investments are good buys in uncertain times because they mine commodities that are a natural store of value like gold and silver, a hedge against inflation and international economic instability. Many commodities have this safe-haven status like gold and silver, but for commodities like palladium, platinum and rhodium, much of their price is linked to their tangible value-add in the automotive business. Since the COVID-19 crisis, both through the economic impact and potential second-wave lock-downs, will mean that cars will be less in