Palladium article in "the hustle" today
- Thread starter tongkat
- Start date
Chinese Auto Sales Accelerate Historic Collapse, Set For First Annual Decline In 30 Years
https://www.zerohedge.com/news/2018...ic-collapse-set-first-annual-decline-30-years
if this is accurate and true, then both Platinum and Palladium would be going down going forward
https://www.zerohedge.com/news/2018...ic-collapse-set-first-annual-decline-30-years
if this is accurate and true, then both Platinum and Palladium would be going down going forward
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
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
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.
