Ohhhh Ahhhh Ohhhh! Palladium!

[JohnQPublic]

Gold to average $1,145/oz in 2015, platinum the favoured trade – Natixis


"Natixis predicted that silver, currently trading around $16, will average $15.30 per ounce in 2015, while palladium, currently at $790, will average $770..."


Palladium predicted to rise, gold holds steady

"By the fourth quarter of 2015 the price should climb back to a high of US$912 per ounce."

[JohnQPublic]

Gold to average $1,145/oz in 2015, platinum the favoured trade – Natixis


"Natixis predicted that silver, currently trading around $16, will average $15.30 per ounce in 2015, while palladium, currently at $790, will average $770..."


Palladium predicted to rise, gold holds steady


"By the fourth quarter of 2015 the price should climb back to a high of US$912 per ounce."

Well, at this point, Natixis seems to have the better prediction.

[JohnQPublic]

Back over $800. Palladium just does not give it up!

[gunDriller]

Back over $800. Palladium just does not give it up!

does this mean they're selling cars ?

thought that might be a primary application.

[JohnQPublic]

does this mean they're selling cars ?

thought that might be a primary application.

Something is happening. Maybe cheaper gas (but now increasing) has people thinking that they will sell more cars? Maybe something is happening behind the scene with cold fusion.

[gunDriller]

Something is happening. Maybe cheaper gas (but now increasing) has people thinking that they will sell more cars? Maybe something is happening behind the scene with cold fusion.

actually, 2014 was a good year for car sales.

[PatColo]

SWC has been making a charge at it's $15-some-odd resistance, strong volume

http://bigcharts.marketwatch.com/qui...1&show=&time=8
http://bigcharts.marketwatch.com/kaa...579&mocktick=1

[JohnQPublic]

Palladium is not looking as good as it was.



http://www.forbes.com/sites/michaell...ing-palladium/

"weak the Chinese auto market combined with a stronger US dollar have driven palladium to its lowest level in over a year. Sentiment is extremely negative and the chart is testing its 200-week moving average. ETF holdings, which have a big impact on this metal, are down more than 100,000 ounces year-to-date, but are still historically high. With that being said, there are plenty of reasons to be bullish. The market was in deficit last year and it’s projected to stay there until at least 2017. Norilsk recently announced plans to establish a $2 billion fund specifically for buying physical palladium. Billionaire CEO Vladamir Potanin is participating with his private wealth, and fellow oligarch Roman Abramovich may also contribute. This is the definition of insider buying, and clearly indicates they believe prices will keep rising for the foreseeable future."

[JohnQPublic]

Palladium is still dumping. I take this as a sign (along with cheap silver and stable gold) that people are predicting a bad economy coming up (or it is just manipulation), low car sales, fewer cell phones and solar panels, etc.

[gunDriller]

http://www.outsiderclub.com/the-pall...r-in-2015/1409

interesting article about see-saw-ing demand, related to auto industry consumption, between Pt & Pd.


i tried to do a search to see how much catalytic converters account for Pd consumption, as a percentage.

Pd certainly is tempting ... price near cost of production, which is $563 for one of the "Big's" ... BUT it is vulnerable to a disruptive technology in the auto industry (alternative for catalytic converters, or discontinuation of catalytic converters.)

they might be able to make it up (my guess is, a lot of power plants would benefit from catalytic converter type emissions devices on their smoke-stacks) ... but i don't expect widespread adoption of that.