![\"\"](\"https:\/\/goldtadise.com\/wp-content\/uploads\/2019\/01\/PalladiumGold-800x800.png\")
<\/p>\n","protected":false},"excerpt":{"rendered":"For almost 16 years Mr. Market has valued Gold higher than Palladium. The last time these metals were equal was back in the year 2002 when both metals hovered around 300. <\/p>\n
From 2003 through 2018, the Palladium:Gold ratio built out a 15 year inverse head and shoulders with a breakout above the neckline in late 2018. In November 2018, the $PALL:$GOLD ratio reached a value of 0.98, almost hitting the 1.0 Parity Line.<\/p>\n
Back in 2001, the ratio hit a high around 4.0 (Palladium valued 4X more than Gold). If the ratio were to retest 4.0 while Gold remained static at 1300, this implies an upside target price of 5200 for Palladium, roughly 3.33X higher than Palladium’s current price around 1200.<\/p>\n
For now, Mr Market values Gold slightly higher than Palladium. But if the $PALL:$GOLD ratio breaks through and sustains above the 1.0 Parity Line, I would research Palladium mining stocks, especially if the ratio develops a trajectory to retest the 4.0 level from the year 2001 highs. -Harry<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
For almost 16 years Mr. Market has valued Gold higher than Palladium. The last time these metals were equal was back in the year 2002 when both metals hovered around 300. From 2003 through 2018, the Palladium:Gold ratio built out … Continue reading