Platinum & Palladium parity soon

Discussion in 'Platinum' started by leo25, Jun 27, 2017.

  1. leo25

    leo25 Well-Known Member Silver Stacker

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    If current trends continue, looks like Platinum & Palladium will equal the same price soon.

    Platinum is currently hitting it's lowest point while Palladium is hitting it's highest point.

    I know they have some very similar characteristics, but the biggest difference is Palladium is almost half as dense as Platinum.

    [​IMG]
     
  2. miniroo

    miniroo Well-Known Member Silver Stacker

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    Palladium has actually already passed parity here in Australia, technically.
    if you add the 10% gst you'll find Pd is $30 above Pt
     
  3. ozcopper

    ozcopper Well-Known Member Silver Stacker

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    It makes platinum the way better metal to invest in right now!
     
  4. mariasam

    mariasam New Member

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  5. leo25

    leo25 Well-Known Member Silver Stacker

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    Palladium did a massive shoot up last night. Very close to 1:1.
     
  6. alor

    alor Well-Known Member Silver Stacker

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    http://www.zerohedge.com/print/602731
    Palladium Suddenly Spikes To 16-Year Highs

    .
    with the sanctions, diplomatic tit for tat etc
    Pd won't be readily available from Russia
    may be $2000+ would be a new target, the same as Pt price when it peak out
     
  7. Andy28

    Andy28 Well-Known Member

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    Can't believe this. I haven't kept an eye on this for some time, but last time I looked I think Palladium was the half the price of Platinum.
     
  8. SilverDJ

    SilverDJ Well-Known Member

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    What's the future for Platinum though?
     
  9. Lunarowl

    Lunarowl Active Member Silver Stacker

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    About $30 apart. Is Pt underpriced or Pd overpriced?
     
  10. alor

    alor Well-Known Member Silver Stacker

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    pt 922.88
    pd 919.91
     
  11. alor

    alor Well-Known Member Silver Stacker

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  12. alor

    alor Well-Known Member Silver Stacker

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    pd 926.35
    pt 917.59

    no typo, pd is higher than pt now.
     
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  13. ozcopper

    ozcopper Well-Known Member Silver Stacker

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    Amazing, I'd be cycling out of palladium at this point if I had any.
     
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  14. alor

    alor Well-Known Member Silver Stacker

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    I feel, for now to go out and buy some Platin Platypus etc each each month moving forward :D
     
  15. Seven of nine

    Seven of nine Active Member

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    Palladium over-shot Platinum by over A$20-$30. I wonder how high it will go?
     

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  16. JOHNLGALT

    JOHNLGALT Well-Known Member

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    A Librarian friend's Military Policeman (M.P.) husband advised me to buy Palladium 2 years ago.


    He had access to the workings of Canberra (if you know what I mean), however, I didn't go into his reasoning for the recommendation. More fool me.
     
  17. Seven of nine

    Seven of nine Active Member

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    Would he advise to buy Platinum now? Cause it seems like a good deal at the moment
     
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  18. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Sorry, 7 of 9, I haven't seen the Librarian, or husband for about 2 years since I got the Internet on @ home. _JLG.
     
  19. alor

    alor Well-Known Member Silver Stacker

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  20. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Them damn Russkies again, lol.
     

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