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Thread: Palladium is doing just great.

  1. #21
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    Quote Originally Posted by motocat View Post
    I checked the chart on PALL -- and it's going up just like price for Palladium has. No disconnect yet.
    Yes, you are right. I just quoted the text of the report, without checking the chart.

    I have checked the charts of PALL and SPPP. They go up, like the price of palladium.

    My mistake.

  2. #22
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    People steal gold. Now people steal palladium,
    from cars sold for scrap metals.

    https://safehaven.com/commodities/in...Robberies.html

  3. #23
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    Price of palladium and platinum is going up...fast.
    Rick Rule explains why:

    https://www.youtube.com/watch?v=0gPeyY1xOp8

    A few points:
    ----it is simply a matter of supply and demand. Pt + Pd
    are used as auto catalysts
    ----you either use Pt + Pd or you have pollution.
    In China half of million people day per year due to pollution
    ----new legislation is coming to increase the demand for Pt+Pd
    ----China has little Pd. The only countries who have it are RSA.
    Zimbabwe and Russia
    ----Pt and Pd are consumed, existent gold and silver are still in supply
    ----solution: open new mines
    ----at the present prices, it is not economically to open new mines
    for Pd + Pt
    ----Rick Rule recommends for investors SPPP. It is a bullion trust.
    Profits are treated as capital gains. Bullion + collectible..are treated
    like income

  4. #24

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    The price of palladium (relative to platinum) is doing far better than anyone publicly predicted. Could there be reasons platinum can not be substituted for palladium in catalyst, and that all those who wrote palladium use came to be due to it's cheap cost were simply full of bunk -- they did not know anything about the real needs as use as catalyst?

    Does anybody who is reading this really know about use of PM's for catalyst?

    Or is it that re-tooling to using platinum more is just to much trouble -- and the extra cost of palladium not that big a deal as not to much is used anyway? Maybe palladium could go up as much as Rhodium, no big deal? (I have not seen high Rhodium prices effecting the cost of any automobiles -- when you consider what small amounts are actually used -- how much difference does a doubling in catalyst make per vehicle?)
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  5. #25
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    Palladium goes up incredibly fast.

    https://finviz.com/futures_charts.ashx?p=d1&t=PA

  6. #26
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    Default Pd higher than gold has happened before.

    I saw a historical chart the other day which showed this has happened before. I did not know that Palladium had been priced well above gold in the past.

    In 1998, Pd hit $400 and closed in December around $300. Pt closed around $350. Gold closed around $300.
    In 1999, Pd closed at $400. Pt closed around $450. Gold closed around $300.
    In 2000, Pd closed at $900. Pt closed around $600. Gold closed around $280.
    In 2001, Pd closed at $400, but peaked at 1050 during the year. Pt closed around $425.Gold closed around $290.
    In 2002, Pd closed at $300. Pt closed around $600. Gold closed around $325.

    So in 2000, Pd was 3X the price of gold in December. Pt was always higher than gold and somewhat followed the Pd curve. When it ended, Pt was higher than gold, and gold was higher than Pd.

    This was about a 5 year bullish cycle on Pd. I wonder how long this one will go. So far we are only 1 year into Pd being higher than gold on this cycle.

  7. #27
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    Quote Originally Posted by oak333 View Post
    Palladium goes up incredibly fast.

    https://finviz.com/futures_charts.ashx?p=d1&t=PA
    And now Palladium is going even faster

    https://finviz.com/futures_charts.ashx?p=d1&t=PA

  8. #28
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    Quote Originally Posted by oak333 View Post
    And now Palladium is going even faster

    https://finviz.com/futures_charts.ashx?p=d1&t=PA
    And now Palladium is 47 $ up for the day.

  9. #29
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    Palladium broke 1,500 US $.

    The supply deficit of palladium is going to persist for years.
    Using platinum as a substitute is not feasible.

    https://www.cnbc.com/2019/02/20/gold...-in-focus.html

  10. #30
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    Palladium even exceeded 1,550 $:

    https://www.kitco.com/news/2019-02-2...Gold-Firm.html

    Please note the date of the report February 25, 2019.

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