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Thread: Palladium supply and demand

  1. #11
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    London market blocked Russian products platinum and palladium.

    Imediate consequence: soaring prices of platinum and palladium.

    https://www.zerohedge.com/commoditie...ssian-products

  2. #12
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    Jan 2017
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    This is an interview with Rick Rule. He discusses many things.

    He discusses the supply disruptions due to Russia sanctions.
    At around 1:30 min of this interview, there is a table with
    the Russia supplied commodities, % of total world supply.

    There are many commodities quoted in this table, but Rick Rule
    notes the absence of Palladium. Russians supply of Palladium
    is 42 % (!!!) of total world supply.

    Obviously that should have been reflected in the price of Palladium.

    https://www.youtube.com/watch?v=LI3UXGdS4fQ


    My note: Sibanye Stillwater SBSW-NYSE is the world's
    second largest producer of Palladium. However, its price
    is going down.

  3. #13

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    I am thinking because of the greater dependence on Russia for Palladium as compared to Platinum, more will finallly turn to Platinum for catalyst, and then there is the hydrogen fuel cell energy boom that may come (and which requires platinum).

    As such, I'm sticking with platinum I just can't get myself to go with Palladium at higher cost than Platinum, perhaps just how I was raised to see Platinum as a very rare metal, while Palladium always seemed a bit more trashy to me (maybe due to a nightclub by that name I once knew).
    “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)

  4. #14

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    China will get all they need from Russia at a small discount...maybe.

  5. #15

  6. #16

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    Pd had exited from ETF and mutual fund

  7. #17

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    Pd had exited from ETF and mutual fund

    Not sure what that chart is supposed to tell us. I use the biggest palladium ETF fun PALL, for my trades, and nothing unusual happening, except the buy high sell low cult has recently sold. I've recently bought, with my gold-palladium ratio exchange. I'll sell when they buy. I am happy such a nutty cult exists.

    I see from the chart that "transparent" physical holdings of the funds are low -- which makes sense given the high industrial demand. That is why the price is high now. When demand and cost of such commodities is high, physical supply goes down. I get it that at least some of the investment digits have nothing backing it, however I am thinking this is far less a problem given industry is asking for the physical -- with gold, way fewer (as a percentage) will ever ask for physical in hand, so false representation of holdings is far easier and less risky to do.
    Last edited by motocat; 12-12-2022 at 12:34 PM.
    “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)

  8. #18

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    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  9. #19

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    One thing to consider in regards to palladiums future price: like platinum, it will be needed in the hydrogen economy.

    Regarding use as a catalyst, no matter all that talk about what happens in Europe, there is a far greater population in the Southern Hemisphere that will not have a great electrical infrastructure to support electric powered cars in the foreseeable future, perhaps there demand for fuel powered cars in these regions should be considered?
    “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)

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