Discussion in 'Platinum' started by leo25, Jun 27, 2017.
7 of 9 , thanks for the tip.
In regards to Platinum vs. Palladium, they have different catalyst properties. The only thing that can help the price of both would be the mining strikes continuing to linger in South Africa at this current point in time.
back in 2000 Pd was higher than Pt, if Pt could go to all time high of 2167.80 back in 2008, why is a need for reason for Pd to surpass that record in the future. They are just taking their turns
This is what i always thought. But maybe there is some new application that is weight sensitive and since Palladium is half the density of Platinum it has preference?
The new 2017 1 oz Palladium American Eagle coin is stunning. One of the best looking coin I've seen in a long time. Would love to get one!
Pd up $24
Palladium will overtake gold soon.
Copper might overtake silver one day too.
Remember that Precious metals will protect you against the thieves who want to steal your life's work from you.
Don't take my word for it, a U.S. Dollar is worth about 3 cents compared to 1913 when the FED was INVENTED .
Pd is now below Pt. What drove this?
must be very quiet here for nobody to write about what is surely one of the major stories in the world of precious metals - that palladium is ounce for ounce worth more than gold!
who would have thought it back in 2009?
Yes, it's a bit mind boggling that Platinum is such a bargain now....that's why I'm buying Platinum.
In my view, the 2018 proof Palladium Eagle is considerably nicer than the 2017 bullion strike. The A. Weinman design, no doubt, is absolutely spectacular so that's a characteristic that both the 2017 and 2018 share.
I hope you do well in that. It is a scarce metal, but the reality is that we live in an increasingly centralised world of regulation. This is not good for Pt as it falsely accelerates the direction when the consensus at the top is driven by greed and not competition. Pt is on the outer, at least in terms of catalytic conversion.
Clearly the move in Pd was based on a shortage similar to what happened in 1999. Lease rates approaching 20% and paper to total Pd Comex ratio of 70:1 speaks clearly of this. This time the LBMA and the western banks did not have their drunk monkey Yeltsin to bail them out 25 million oz of Pd. Putin told them exactly what to do with themselves. So this price fall is nothing more than the bankers printing up massive amounts of paper non existent Pd to flood the market and smash price. However it won’t last as real shortages bite again. Let’s hope this Pd market blows sky high and alerts everyone to this scam we call the futures market. Nothing more than a total manipulation by the Bullion banks. Maybe Pt is next soon to be followed by silver and gold. As long as you recognise the paper price has nothing to do with the metal and is dictated by bankers printing contracts for metal they don’t have and selling it to speculators who don’t want it. Great system we have and people take this seriously ?
Thank you. I think that the intrinsic properties of Platinum make it always a potentially very valuable metal.
Copper over taking silver would be great because id love my house to be fitted out with silver plumbing instead of copper.
Because that would be the result ,would it not?
Here's an article link to Zero Hedge on Platinum week for all of you white metal buffs.
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