$2000 Palladium

DoubleEagle59

1590

asheland

1575

asheland

I've never seen it drop like this! Check those time stamps. Incredible.

MilesWaits

Beat the hell up!

asheland

Palladium and gold are within $100 of each other!

jmski52

Industrial metal

MilesWaits

She gave us a good ride and for some it was a significant profit potential

asheland

Back up to 1878. Very volatile to say the least!

Overdate

When will the Mint reprice the 2019 proof Palladium Eagle?

ShadyDave

asheland

Now 1720. Weird!

philographer

Bloomberg, March 10, 2020

Carmakers May Wean Off Dependence on Palladium With Breakthrough

The auto industry took a step nearer to curbing its dependence on palladium after BASF SE developed a new technology for gasoline cars that substitutes some of the metal with cheaper platinum.

The technology, funded by two South African platinum miners, has been tested and doesn’t compromise emissions standards, BASF said Tuesday. The company expects the technology to mainly be implemented in 2023 models, with some applications possible the year before, after automakers test and certify that it meets government regulations on each vehicle, according to a spokesman...

MsMorrisine

palladium almost free!

asheland

Now it's $1655 only 93 bucks above gold!

asheland

$15.10 silver! 103 ozs to an ounce of gold. These markets are nuts!

coinpalice

check out what I said about pallidum on February 19th
https://forums.collectors.com/discussion/comment/12545199#Comment_12545199

asheland

1615 now, The roller coaster ride continues. Under $15 on silver.

JeremyDie1

@MilesWaits said:
She gave us a good ride and for some it was a significant profit potential

You are correct. Sold 12 oz to Kitco on Tuesday. $2,350 an oz.. Not bad considering the my cost average was $383 an oz. Now that I see it tanking I wish I sold more but I'm grateful that I was able to sell some while it was still pretty high.

LukeMarshall

Wow!
This metal sure moves... Not to long ago it was far below gold, and a few weeks back it looked to be knocking on 3k.
I built a Humble "core position" of enjoyable pieces and am willing to ride this one out, after all Palladium is still a strange and unique metal that's as rare as hens teeth!

Speaking of rare...

One of Twenty-five Minted,
Population of 3 in MS-69 DCAM
with none Finer.

Cheers

asheland

1470 now.

MsMorrisine

1645 on kitco, up well over 100 right now

rhodium bidding 2000

MsMorrisine

Thank you to the federal reserve.

$1710 on kitco

MsMorrisine

$1850 on kitco

rhodium bidding $4000 on kitco

asheland

It's on the way back up...

shorecoll

BMW just announced they are closing their SC plant (their largest in the world) over rapidly falling auto demand...while Palladium is rising. I guess the issues with the mines trump falling usage?

MsMorrisine

$2225 on kitco

2187 futures

MilesWaits

Up $400 so far today; tough old broad.

MsMorrisine

2260 kitco
2240 futures

MsMorrisine

2365 kitco
2340 futures

shorecoll

Palladium is down a little today, yesterday auto forecasts dropped by ~5 million cars in the US alone. Shouldn't it be down more, or is this where the paper vs physical discrepancy actually is a positive?

RedneckHB

@shorecoll said:
Palladium is down a little today, yesterday auto forecasts dropped by ~5 million cars in the US alone. Shouldn't it be down more, or is this where the paper vs physical discrepancy actually is a positive?

Markets are proactive, not reactive. The drop from 2700 to 1500 already anticipated the drop in auto manufacturing.

Markets dont wear poop covered glasses (like some folk). They have vision. They can see opportunity.

They have cumulative experience that no one person posseses and the ability and skills to project that experience into anticipated outcomes.

dpoole

The volatility on Rhodium has been nuts, hasn't it? It was pushing $12K an ounce just a few weeks ago.

MilesWaits

Speaking of volatility, you can now buy a silver eagle that is on delay to be shipped for $28.45 each, with your credit card at APMEX!

jmski52

This is the kind of chart that will lure some people and then either make you or break you.