Palladium | Aussie Stock Forums


Panoramic has PGM (palladium & platinum) resources, but who else has I do not know.
I recall that some years back platinum priced itself out of catalytic converters, and palladium crept in to replace it. Looks like a mirror reversal is now going to occur.

pt1825nyb.gif

Speaking of which, I cannot reverse the dates and overlay on your palladium chart of 5 years ago, but their respective prices would almost be the same if I could.
If I were a betting man then I think a reasonable punt would be for both metals to consolidate under and around $1000.
(By the way, from what I have gathered it has been the rush to clean up vehicle emissions that put palladium into backwardation. That will unwind as the year stretches out.)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2019 Billionaire Club Co LLC. All rights reserved

Chat
Loading the chat ...