Palladium article in "the hustle" today

Discussion in 'General Precious Metals Discussion' started by tongkat, Dec 18, 2018.

  1. tongkat

    tongkat Active Member Silver Stacker

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    Kind of like the taxi driver telling you about bitcoin...

    palad.jpg
    pal2.jpg
     
  2. alor

    alor Well-Known Member Silver Stacker

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  3. leo25

    leo25 Well-Known Member Silver Stacker

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    Well it's official, palladium is in a bubble and about to crash.
     
  4. alor

    alor Well-Known Member Silver Stacker

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    the problem with bubble is those inside it would not know it, so there are too many outside of it have not get into it yet

    so the bubble can last a while longer than anyone can ever imagine possible, lets sit back and watch the fire works

    the buyers in China will get their Palladium, due to their close relations with Russia (it is a positive) but yet the market outside works differently, if the Pd ETF is to be liquidated etc, may be that won't help either
    not the same as 2001 scenario,
    what if the Platinum ETF that got liquidated first, or both got liquidated.... supplies would crash both Pd and Pt
     
  5. leo25

    leo25 Well-Known Member Silver Stacker

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    SGTreport did a video on Palladium.

     
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  6. alor

    alor Well-Known Member Silver Stacker

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    the way we see it in SGD, the peak revisit

    [​IMG]
     
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  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Palladium is a good example of what happens when a low market price is artificially set by paper trading and when demand suddenly rises, producers that are geared only for a low price can't meet the sudden demand, so the spot price goes parabolic.
     
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  8. alor

    alor Well-Known Member Silver Stacker

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    Pd all time high 1430 +70 today :)
     
  9. alor

    alor Well-Known Member Silver Stacker

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    palladium touches $1,502
     
  10. alor

    alor Well-Known Member Silver Stacker

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    first sign of peak ???

    [​IMG]
     

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