I sold a bit of Pd last year after it came off the $1000 peak. Duh. Feeling stupid now but I did buy it at $250, quite a number of years ago.
Ah well, I still have some left. Never bad to take a profit but it feels awful right now!
Waiting for the top now.
Anyone got a price target? Who fancies $2,000?
Really, on any longer term chart it’s already going vertical now, more or less.
What’s going to break this one?
Looking at the palladium chart and the current nearly vertical move to $1500 with respect to the correction last year from $1133 to $815.
I’m comparing it to the gold chart early 2011 and the silver chart early 2011 after the Christmas 2010 corrections. Also to the platinum chart early 2008 and the palladium chart in 2000-2001.
Different reasons for these bubbles but in the end fundamental reasons don’t really make much of a difference do they? The happen or they don’t.
Curiously though, I occasionally pondered whether our Russian friend might have put a squeeze on palladium supplies over the past few years, since that would seem a deft tactical move to irritate the West ad its car industries.
What’s that Fully?
Sorry I was distracted…Couldn’t hear you…
Too busy counting my money! 🙂
Thanks for the props Fully!
Do u want to make a deal fully?
How about we both buy pdl.to tomorrow. C if u can provide for your donkey?
Only an ass would take that trade
🙂
I remember back in the day meeting a guy who liked buying stocks when they made a new high. You may yet be able to buy another ass.?
I sold a bit of Pd last year after it came off the $1000 peak. Duh. Feeling stupid now but I did buy it at $250, quite a number of years ago.
Ah well, I still have some left. Never bad to take a profit but it feels awful right now!
Waiting for the top now.
Anyone got a price target? Who fancies $2,000?
Really, on any longer term chart it’s already going vertical now, more or less.
What’s going to break this one?
Looking at the palladium chart and the current nearly vertical move to $1500 with respect to the correction last year from $1133 to $815.
I’m comparing it to the gold chart early 2011 and the silver chart early 2011 after the Christmas 2010 corrections. Also to the platinum chart early 2008 and the palladium chart in 2000-2001.
Different reasons for these bubbles but in the end fundamental reasons don’t really make much of a difference do they? The happen or they don’t.
Curiously though, I occasionally pondered whether our Russian friend might have put a squeeze on palladium supplies over the past few years, since that would seem a deft tactical move to irritate the West ad its car industries.