Ohhhh Ahhhh Ohhhh! Palladium!

[Neuro]

Yeah, I remember the thrill of wilver.

Thas rite! Thrilver!

I actually sold my wilver in thrill stage $38-45, the problem was that I bought it back already in anxiety stage $27-28

[PatColo]

I don't want to say anything dumb here & scare away the little Pd birdie; but it's been forming a lovely base here, under quiet accumulation, prepping for its next leg of blazing new all time highs again.

SHHH! don't even THINK about browsing for good rocket pics!!




http://bigcharts.marketwatch.com/qui...e=&freq=&show=

[PatColo]

another new high, so far low volume, but it's early http://bigcharts.marketwatch.com/qui...e=&freq=&show=

[Neuro]

another new high, so far low volume, but it's early http://bigcharts.marketwatch.com/qui...e=&freq=&show=

We are going to 2k maybe even higher soon

[osoab]

Getting closer to a 100 frn spread with Au.

Is the demise of diesel behind this?

[PatColo]

so Mar-19 Pd had biggest volume for weeks as she cut through, & closed above that ~$1400 resistance set only ~1 month ago. Expecting a gap open Sun night (USA) when trading resumes; though I'd be surprised if it didn't retrace & close any Sun opening gap, by end of Mon. If she gaps open with high vol, & no retrace, things could get crazy to the upside next week.

http://bigcharts.marketwatch.com/qui...e=&freq=&show=

Getting closer to a 100 frn spread with Au.

Is the demise of diesel behind this?

I dismiss the stale old "cat converters & jewelry demand" reasons for Pd's behavior. Pd's +75% more spendy than Pt now! Something else is afoot which is a tightly kept seekrit.

[Neuro]

so Mar-19 Pd had biggest volume for weeks as she cut through, & closed above that ~$1400 resistance set only ~1 month ago. Expecting a gap open Sun night (USA) when trading resumes; though I'd be surprised if it didn't retrace & close any Sun opening gap, by end of Mon. If she gaps open with high vol, & no retrace, things could get crazy to the upside next week.

http://bigcharts.marketwatch.com/qui...e=&freq=&show=





I dismiss the stale old "cat converters & jewelry demand" reasons for Pd's behavior. Pd's ~75% more spendy than Pt now! Something else is afoot which is a tightly kept seekrit.

I read somewhere long time ago that Pd is an important catalyst in modern munitions production. Then on the other hand very little of the metal is produced every year, something around 10 million oz a year, most of which is consumed in industry... which would tend to cause speculative bursts... If you need it for the war effort, you buy it no matter the price. And then most of it is produced in Russia...

[PatColo]

I read somewhere long time ago that Pd is an important catalyst in modern munitions production. Then on the other hand very little of the metal is produced every year, something around 10 million oz a year, most of which is consumed in industry... which would tend to cause speculative bursts... If you need it for the war effort, you buy it no matter the price. And then most of it is produced in Russia...

I think that's first I've heard re Pd & some unique/non-substitutable role in "munitions production". Combine with my "something seekrit afoot with Pd" hypothesis, + mass munitions production perhaps sucking up all the metal (obv for some planned war) & driving Pd to it's present all time highs- pretty dark!

Nicer to imagine some paradigm shifting "energy breakthrough", at least as far as what public is eventually told. More likely, a long suppressed energy tech, which they're finally gonna flip the switch on & monetize.

[PatColo]

so Mar-19 Pd had biggest volume for weeks as she cut through, & closed above that ~$1400 resistance set only ~1 month ago. Expecting a gap open Sun night (USA) when trading resumes; though I'd be surprised if it didn't retrace & close any Sun opening gap, by end of Mon. If she gaps open with high vol, & no retrace, things could get crazy to the upside next week.

http://bigcharts.marketwatch.com/qui...e=&freq=&show=





I dismiss the stale old "cat converters & jewelry demand" reasons for Pd's behavior. Pd's +75% more spendy than Pt now! Something else is afoot which is a tightly kept seekrit.

no opening gap last night, but cutting new highs nonetheless. Kitco reporting $1467 spot price high, so far. Volume in the Mar-19 contract (shown above) on track to be big again, guessing >6K today.

Pd's cousin Pt unchanged!

[osoab]

PatColo the Palladium Guru.