What a difference a couple of months can do! Right now Pd is in the 580's, down some $25 today. If they manage to inflate the world economy again, it could be a good play.
Just eyeballing the 5-year chart Pd should have a pretty strong support in the high 500's. If it goes below 550-570 I wouldn't dare predicting where the bottom is, but it could very well turn here...

Trade gold for Palladium anyone?