Platinum & Palladium parity soon

[leo25]

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.

 

[miniroo]

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

 

[mariasam]

Maybe the price of Platinum and Palladium is same soon, but the functions and applications are different, I got some great ideas from http://www.samaterials.com/platinum/440-platinum-crucible-katanax.html

 

[leo25]

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

 

[alor]

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

 

[Andy28]

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.

 

[SilverDJ]

What's the future for Platinum though?

 

[Lunarowl]

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

 

[alor]

pt 922.88
pd 919.91

 

[alor]

 

[alor]

pd 926.35
pt 917.59

no typo, pd is higher than pt now.

 

[alor]

I feel, for now to go out and buy some Platin Platypus etc each each month moving forward

 

[Seven of nine]

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

 

[JOHNLGALT]

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

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.

 

[Seven of nine]

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.

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

 

[JOHNLGALT]

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

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

 

[alor]

 

[JOHNLGALT]

Them damn Russkies again, lol.

 

[Ronnie 666]

As nothing these days trades on fundamentals and all futures markets are 100% manipulations the best although not perfect by any means method to look for future price moves is the COT. The platinum COT looks very good for a move up as the wash cycle has ended.

https://www.tradingster.com/cot/legacy-futures/076651

By contrast the PD COT looks terrible

https://www.tradingster.com/cot/futures/disagg/075651

Just look at the Money Managers position wow 96.55% long lol

 

[alor]

we have not seen a spike down for Pt, or a spike up for Pd
the trend continues
get the Russian central bank to release some of their Palladium bars to the market, already