1.   For years authorities have feared that rogue states and terrorist groups might obtain access to the Russian stockpile, or had already done so.

2.   Funds are building their holdings of palladium because they believe Russian stockpiles of the precious metal will run out within three to five years, he said.

3.   Now, traders are concerned that Russian stockpiles of the metal are falling, which could keep exports low next year.

4.   Russian stockpiles of platinum are dwindling and may be as low as one to two years of production, analysts have said.

5.   That means finishing the business of securing Russian nuclear stockpiles.

6.   The organization has reduced purchases because of Russian stockpile sales.

7.   The real and present danger lies in the Russian stockpile.

8.   Together, the two treaties would cut the U.S. and Russian nuclear stockpiles by two-thirds.

9.   A senior administration official, speaking on the condition of anonymity, expressed concern about the size of the Russian stockpile.

10.   But he added there were indications the Russian stockpile was falling.