Platinum was only up for about a week and barely above in spot a that. Have to see if the Russia war cries burn out.
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Platinum was only up for about a week and barely above in spot a that. Have to see if the Russia war cries burn out.
Pd is going to $2,000 soon!
^ $2K is happy thoughts; surely been a sharp pop off that ~$900 low a couple weeks ago. Gotta punch through that last ~$1,120 ceiling b4 talking $2K
Quote:
Originally Posted by PatColo
Sure but with that trajectory 1120 should be taken out within a week... 1059 now, or earlier today (just saw that it was high for the day, 1025 now)Quote:
Originally Posted by PatColo
Quote:
Originally Posted by Neuro
I'm an old tech analysis guy-- would like to see Pd pause & gyrate around the 1100 level for a month or two, "shake out the weak holders in favor of strong new holders, unafraid of buying at ~1100" -- then a punch through into new highs, for a more sustainable rally. :)
If the Ruskies limit supply. You going to unload your ounce?Quote:
Originally Posted by Neuro
OK, u are probably a shill for Bullion Exchange, I understand everyone needs a job of sum kind to keep beans in the belly and roof over head, plus care for kids, if any.Quote:
Originally Posted by Hedgewig
Just saying..Looking at ur posting history..! ;D
And you’re shilling for a juice company unpaid! ;DQuote:
Originally Posted by Dogman
Lmfao.! ;DQuote:
Originally Posted by Neuro
No more than u shill for your favorite Surströmming or Messmör company ! Then their is always Blodsoppa to put lead in your pencil !
Attachment 9870
Thanks for my first morning grin !
Attachment 9869
Dayum Palladium has shot up heavily the last days...
http://www.monex.com/images/charts/P...825DAY_BIG.PNG
Right now at $1063, it has gold within sight at $1193!
I wanted to buy Pd back when it was like $200/oz but couldn't find it. No-one sells it here in my area.....Quote:
Originally Posted by Neuro
It could be a good idea to invest in Platinum now, as it is low especially in relation to Pd, however I wouldn’t be srprised if Pd would go to double the price of Pt in the short to median termQuote:
Originally Posted by steyr_m
I bought from APMEX.Quote:
Originally Posted by steyr_m
Looks like we are back to where Pd was at the 1st of the year.Quote:
Originally Posted by Neuro
Here's a blast from the past.
https://www.kitco.com/LFgif/pd0365nyb.gif
Why when I was kneehigh to a grasshopper ...
It is getting close to gold now $1221 vs $1238 up $29 today!
Wow, palladium is the new gold! Palladium $1,241 Gold $1,239
since '92; apparently cruising at all time high
https://www.kitco.com/LFgif/pd92-pres.gif
She'll be passing gold soon. Darn near 60 frn difference.
Nice parabolic curve since beginning ‘03. This could go vvverrrry high!Quote:
Originally Posted by PatColo
With gold at $1236 and palladium at $1239 palladium is the king of PMs now. At the same time the kitco ticker got locked on yesterday.
Palladium threatens gold’s reign as king of metals
https://www.rt.com/business/445619-p...cord-gold-dim/
Palladium prices have skyrocketed, hitting record highs over the past year due to a growing deficit of the precious metal. The auto industry, the key consumer of the metal, is expected to bear the biggest impact of rising costs.
On Tuesday, palladium futures hit another record of $1233,82 per ounce, narrowing the price discount to an ounce of gold to the lowest margin in nearly 16 years. On Wednesday, palladium overtook gold, reaching $1,251 per ounce, as of 9:47am (GMT), while gold futures were trading at $1241 per ounce.
Palladium has taken a 49 percent jump in price since mid-August with the Wall Street Journal calling the commodity one of the best investment assets of the year. The surge in prices for the industrial metal is reportedly caused by a higher demand from the auto manufacturing sector amid the recent shift from diesel to petrol-powered engines.
Palladium is traditionally used in catalytic converters aimed at controlling exhaust emissions by converting toxic gases and pollutants into less-toxic pollutants. Nearly 70 percent of palladium demand comes from global carmakers, according to data compiled by commodities advisory CPM Group.
Analysts expect the price of palladium to keep rising as high demand for the metal, especially from China which is currently fighting for a less-polluted environment, may keep supplies quite tight.
The vast majority of the rare metal is extracted from mines in two countries. Over 80 percent of palladium global output comes as a byproduct from nickel mining in Russia and platinum mining in South Africa.
It’s impossible to increase palladium output to meet the soaring industry demand, as the supplies heavily rely on volume of extraction of other metals, Steven Dunn, head of exchange-traded funds at Aberdeen Standard Investments told Bloomberg.
kitco saying high trade was $1287 today; new all time highs on the way
http://www.kitco.com/images/live/pla...85778187405238
woo hoo,
http://www.monex.com/images/charts/P...365DAY_BIG.PNG
5 year:
http://www.monex.com/images/charts/P...825DAY_BIG.PNG
Pd took a big hit yesterday's carnage.
It may go down and launch from $1120...Quote:
Originally Posted by osoab
I've been wanting to buy Pd back when it was like.....I dunno, $200/oz. But it is unobtanium here.
Buy more Wilver!Quote:
Originally Posted by steyr_m
still sticking like glue to all time high in the upper $1200s (charts below), as the other PMs snooze; imagine how Pd will trot if/when the PM complex gets some lift under it.
Quote:
Originally Posted by PatColo
Kitco's bug reporting Pd high/ask trade of $1321 today... :o something set it off at 10a ET today. Not finding any news to account for...
Gold falls for the day, edges up for the week; palladium settles at a record
- Jan. 4, 2019 at 1:48 p.m. ET
http://www.kitco.com/images/live/pla...85778187405238
http://bigcharts.marketwatch.com/kaa...579&mocktick=1
big breakout of 4-week (Dec) base, on big volume ^ (Mar '19 contract shown) http://bigcharts.marketwatch.com/qui...e=&freq=&show=
http://bigcharts.marketwatch.com/kaa...579&mocktick=1
Very nice day. Platinum was up big too.
Hooray Pd.! Something to cheer about.
3 PMs red, 1 green today, as Pd blazed another new record high on strong volume again; see below
Quote:
Originally Posted by PatColo
Now is the time to start speculating about cold fusion reactors... ;)
another new high carved out overnight; kitco bug saying $1354 high. :)
Quote:
Originally Posted by Neuro
yeah-- rewind this thread ~5y to early 2014 when I was getting excited that Pd had snuck its way to ~$800s, making then-13y highs, also while the other PMs snoozed. I made a play on Stillwater Mining stock, for an eventual small loss. I was all about how something's afoot with Pd, based on the "market is always right" rule. Feeling it again now, aided this time by the fact that Pd has overtaken its Jan 2001 spike to around $1100, to blaze into new all time high territory. Barn >>> horse.
since 1995 below; not sure if that's the year Pd futures started trading? Anyways, attached image below won't update with page refreshes, unlike most 'live' charts I post!
https://i.imgur.com/2aoqL6X.jpg
DOH! another new high; kitco bug saying high trade $1369.
edit: biggest volume in the front-month March '19 Pd futures contracts, at >5K, since the big Jan 4 volume day
Quote:
http://gold-silver.us/forum/images/misc/quote_icon.png Originally Posted by PatColo http://gold-silver.us/forum/images/b...post-right.png
http://www.kitco.com/images/live/pla...85778187405238
http://bigcharts.marketwatch.com/kaa...579&mocktick=1
big breakout of 4-week (Dec) base, on big volume ^ (Mar '19 contract shown) http://bigcharts.marketwatch.com/qui...e=&freq=&show=
http://bigcharts.marketwatch.com/kaa...579&mocktick=1
What's the difference in pricing b/w finviz and kitco?
Today was the first day that spot Palladium showed closing above Au on finviz.
Current Pd price from finviz is 1329+ frns. Kitco price is 1343 frns.
^ I hadn't heard of Finviz before. But commod/futures quotes are confused by "spot price" vs the contracts for future delivery months. Current "front month" Pd contract is for Mar '19 delivery; & bid/ask prices vary a little bit by delivery month. Mar '19 Pd last trade currently $1361.
kitco bug reported spot price high trade today $1439. :o
So Pd had a see saw time last week. Seems to have settled. What was up with that crazy action?
We are entering the last phase, last week will not seem crazy in a month or two...Quote:
Originally Posted by osoab
We are somewhere around optimism and belief on the chart now...
https://i.pinimg.com/736x/f2/5d/0d/f...psychology.jpg
The funny thing is that I think almost all who holds Pd on this forum bought it when it was around $200-250 some ten years ago, in the “depression”.
Yeah, I remember the thrill of wilver.Quote:
Originally Posted by Neuro