Palladium $900 by Christmas?

[A Flash In The Pan]

With all the pandamonium around silver and obama & clowns & flamingos-- all i want for christmas is palladium to hit 900.
I will feel like i bought gold @ 35 when palladium was 165 in 2008.

[Just Cause]

$900 Palladium by Xmas is highly unlikely.
IMO, If Palladium touches $900. The market would be in such a short and/or the demand would be so high that $1000-1100 would not be out of the question. If you bought Pd @ $165 then kudos to you. Sit down, relax, and just wait for Vlad Putin and South Africa to decide that they want to inflate the price...
...or since you paid $165 for it. I will double your investment if you wish to sell now.

[kwsmithphoto]

It's looking more like $500 by Christmas at this rate. It's down about 10% on the 30 day chart. What's driving this?

[A Flash In The Pan]

The satanists want it back again @ 666 to give them their day in the sun.

[Shogun]

Lots about to happen, lets see how this plays out.

[A Flash In The Pan]

Anyone adding either to stash or paper positions. Christmas is just around the corner!

[jazz776]

Holding tight on 45 oz, in around the $500 range. My target is $800. I put in around $3000 per month into pms au ag pt, pd litte pricey now, but last couple months been holding off till ????? Going to wait a few more months or year to see if I can get a better deal.

Jazz

[CyclesGuy]

Anyone adding either to stash or paper positions. Christmas is just around the corner!

Love palladium, but it's too rich at these prices, especially relative to other metals.

I sold all I had earlier in the year to buy gold mining explorer stocks and silver bullion, they are much more fairly valued IMHO and poised for explosive gains when things get bullish again.

Average silver to pall ratio in recent years is 0.04, so on mean reversion I'd expect silver to ride up to $28, or Palladium down near $500, at that point I'd nibble on Palladium again

[Brittie]

Flash, I share your wish that Palladium would soar to $900 by Christmas. Wouldn't that be great? It is encouraging to find someone so enthusiastic about my favorite precious metal! However, I do not see the price increasing that much before Christmas. Like Shogun, I believe a lot can happen between now and then. I can hardly wait to see what happens!

[dissident]

I want some cheap palladium so both of these can continue to crash for all I care. Looks like the paradigm of money going into 'paper assets' such as stocks, bitcoin, etc. is back, while commodities continue to underperform. Whatever. Platinum is right near multi-year support levels. Palladium is still a ways above support. Not going to make predictions, I'd rather just shut up and see what happens.

How about some $500 rhodium? At that price I'd load my life savings up with the sh... stuff.