What's up with Palladium, beside the spike in price ?

TwoSides2aCoin

I'm open to ideas and opinions.

OPA

The US Mint started to accumulate blanks.

asheland

It shot up today, kind of crazy...

ricko

Yep... almost a $50 dollar move.... wait to see what next week brings... someone or some group sees something happening.... Cheers, RickO

dpoole

Might be a thin bet. Lots of cash sloshing around these days looking for something--anything--that'll yield a return. Heck, they're even lining up to buy Iraqi and Argentinian bonds.

dbtunr

Palladium is used in autos. With 500K-1M cars destroyed by Harvey, Palladium moved due to anticipated need for the metal in replacement autos.

bronco2078

@dbtunr said:
Palladium is used in autos. With 500K-1M cars destroyed by Harvey, Palladium moved due to anticipated need for the metal in replacement autos.

Oh they weren't destroyed , they will show up for sale all over the place just like after katrina

dbtunr

@bronco2078 said:

@dbtunr said:
Palladium is used in autos. With 500K-1M cars destroyed by Harvey, Palladium moved due to anticipated need for the metal in replacement autos.

Oh they weren't destroyed , they will show up for sale all over the place just like after katrina

That's illegal.

cohodk

@dbtunr said:

@bronco2078 said:

@dbtunr said:
Palladium is used in autos. With 500K-1M cars destroyed by Harvey, Palladium moved due to anticipated need for the metal in replacement autos.

Oh they weren't destroyed , they will show up for sale all over the place just like after katrina

That's illegal.

They go overseas or parted out.