Will the industrial metals loose ground?

Discussion in 'General Precious Metals Discussion' started by switchtronics, Mar 16, 2020.

Tags:
  1. switchtronics

    switchtronics Active Member

    Joined:
    Dec 16, 2011
    Messages:
    929
    Likes Received:
    109
    Trophy Points:
    43
    Location:
    Sunshine Coast
    switchtronics, Mar 16, 2020
    #1
  2. Jason1

    Jason1 Well-Known Member

    Joined:
    Aug 9, 2019
    Messages:
    1,191
    Likes Received:
    1,346
    Trophy Points:
    113
    Location:
    Qld
    I have allot of lead stacked, Im to afraid to look at the price of scrap lead right now lol ahaha
     
    Jason1, Mar 16, 2020
    #2
  3. silverhair

    silverhair Well-Known Member

    Joined:
    Dec 9, 2019
    Messages:
    377
    Likes Received:
    468
    Trophy Points:
    63
    Location:
    Sydney
    it surely will...decreased demand means decreases in price.


    I really wish I could buy physical palladium at spot right now, supply is very very tight and the price took a massive dump the last few days.
     
    silverhair, Mar 16, 2020
    #3
  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2019
    Messages:
    3,600
    Likes Received:
    3,453
    Trophy Points:
    113
    Location:
    Colorado USA
    True industrial metals will lose ground.
    Money metals will play catch up and especially silver.
     
    JohnnyBravo300, Mar 16, 2020
    #4
  5. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    Gold is really showing it's worth as the only real monetary metal, not dropping that much,
    Silver has been relegated to mere commodity status, could take a very long time recover.
     
    SilverDJ, Mar 16, 2020
    #5
    66rounds likes this.

Share This Page