palladium
looks like hit all time high, came back to support said nadda and away she goes. South Africa big supplier but not too much trust there anymore and that leaves Russia. We all figure gold has to keep chugging even with ample supply so why should this not rocket more as electric cars and catholic converters the demand???? Looks like a backtest in the works.
Highroller, Even as bullish as I am this one keeps surprising me. I agree with your analysis of the fundamentals.
Perhaps someone can give an alternate view of where they will find more supply? I haven’t seen any real answer from anyone on that.
The typical answer is what Fully gives (I am not singling him out…it is a common rebuttal from many others) which is that it is parabola.
I have heard of components on vehicles being stolen for the palladium that can be harvested. Industry switch? If theft rises? Better to drive an old car? for now.
maybe it get too expensive and they go back too plat ?? General stock market pullback consolidation would cure the parabola, gov’ts are subsidizing electric car buyers to buy also so demand is there. Gov’t lawmaker pass laws, invest in stocks and magic , they rich!
Of course its a parabola…that in not disputable…what is disputable is how high can it go…there is no answere…BUT sure as shootin it is a parabola and will end up like all parabolas
Meanwhile I am learning something here every day
Today it is Highroller who has taught me that Catholics use Platinum to Convert
🙂
Yes, shouldn’t that be Protestant Convertors? We are still here, however cowed we are by those other people, you know who they are and they never will be missed. We’ll put them on a list. Ha!?