What's up with pt and pd

[EE_]

Platinum is only 50 bucks higher then gold...hmm?

GOLD
1317.30

SILVER
21.71

PLATINUM
1367.00

PALLADIUM
700.00

[Neuro]

I think Pd is seriously doomed, it will stay in the $600-800 range forever...

Actually Pt and Pd are industrial PM's primarily which means they will follow general market sentiments, while gold and silver are primarily monetary metals, and tend to go against general market sentiment at least in times of stress...

[Dogman]

I think Pd is seriously doomed, it will stay in the $600-800 range forever... Amen!

It has been that way for years..

[Neuro]

Amen!

It has been that way for years..
My Pd predictions over these last years have generally been off the chart...;)

[gunDriller]

does the Cartel manipulate Pt & Pd, or do they (normally) "go along for the ride" with Au & Ag prices ?

[Serpo]

does the Cartel manipulate Pt & Pd, or do they (normally) "go along for the ride" with Au & Ag prices ?

Im betting they manipulate everything and then some.......

Where would we be without manipulated markets...........a lot better off

[mick silver]

till everyone of us are flat ass broke they will not let up on driving the price of metals down

[gunDriller]

till everyone of us are flat ass broke they will not let up on driving the price of metals down

the last 2 quarters, consumption has been about 2000 tons (each quarter).

England contributed 1300 tons, and THEORETICALLY has 5200 tons left.

perhaps there's some vault-keepers in England that know how much they really have left.


i think most short-term investors have given up on Gold & Silver for 2013, since the Cartel has sent the message loud and clear that YOU AIN'T GONNA MAKE ANY "MONEY" ON PRECIOUS METALS THIS YEAR.

i don't think they can keep that up for all of 2014.

[Serpo]

China and India buy close to all gold mined each year world wide