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Thread: Ohhhh Ahhhh Ohhhh! Palladium!

  1. #341
    Dangerous Donald Neuro's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by PatColo View Post
    since '92; apparently cruising at all time high

    Nice parabolic curve since beginning ‘03. This could go vvverrrry high!
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    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.
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    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.
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

  4. #344
    Unobtanium PatColo's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    kitco saying high trade was $1287 today; new all time highs on the way







    woo hoo,



    5 year:

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  6. #345
    Unobtanium osoab's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Pd took a big hit yesterday's carnage.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

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    Dangerous Donald Neuro's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by osoab View Post
    Pd took a big hit yesterday's carnage.
    It may go down and launch from $1120...
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

  8. #347
    Great Value Carrots steyr_m's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    I've been wanting to buy Pd back when it was like.....I dunno, $200/oz. But it is unobtanium here.
    Cogito cogito, ergo cogito sum - I think that I think, therefore I think that I am

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  9. #348
    Unobtanium osoab's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by steyr_m View Post
    I've been wanting to buy Pd back when it was like.....I dunno, $200/oz. But it is unobtanium here.
    Buy more Wilver!
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  10. #349
    Unobtanium PatColo's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    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 View Post
    kitco saying high trade was $1287 today; new all time highs on the way




    woo hoo,



    5 year:

    FAKE "ELECTIONS" - Why Ron Paul Can't "Win"

    "If telling the truth marginalizes you, then that is the place to be. After all, if enough people are willing to be marginalized, then before you know it, society has developed a different center. This is the politics of truth." -- E. Martin Schotz

  11. #350
    Unobtanium PatColo's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Kitco's bug reporting Pd high/ask trade of $1321 today... 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








    big breakout of 4-week (Dec) base, on big volume ^ (Mar '19 contract shown) http://bigcharts.marketwatch.com/qui...e=&freq=&show=

    FAKE "ELECTIONS" - Why Ron Paul Can't "Win"

    "If telling the truth marginalizes you, then that is the place to be. After all, if enough people are willing to be marginalized, then before you know it, society has developed a different center. This is the politics of truth." -- E. Martin Schotz

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    osoab (4th January 2019)

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