Palladium prices for 2018
asheland
Posts: 23,231 ✭✭✭✭✭
I think we're headed for a new all time high. It's awfully close already.
What do you guys think?
0
Comments
What I don't understand is, the only reason that Palladium is used as an industrial catalyst is that the price of Platinum got too high. When they switched to it for cars, Platinum was 4x palladium, now Palladium is higher why don't they switch back? Are re-tooling costs just that high?
Good question... I've heard similar however they use palladium other places and apparently the supply is very limited.
Apparently they can't manipulate Palladium like they do with silver and gold prices.
My YouTube Channel
Random question and I didn't want to start a new thread, what kind of premium does palladium bring? I have never attempted to buy any before but my LCS has a 10g bar and they are only asking spot for it. Pretty small amount but might pick it up just to have some.
The piece I had was purchased at spot, however APMEX charges over for it.
My YouTube Channel
I will stick with gold and silver.... Just not into speculation now... Cheers, RickO
Speculation is an 8nteresting word. Most equate it with volatility...the more volatile, the greater the potential gain or loss. One way volatility is measured is via standard deviation. This measures the high and low prices vs the mean price over a time frame. The greater the standard deviation, the greater the volatility of prices.
The standard deviation of silver is about 24 over 5 years and 33 over 10. By comparison, the standard deviation of the sp500 is about 10 over 5 years and 15 over 10.
Eye opening when we apply real quantitative measures to things.
Knowledge is the enemy of fear
@cohodk... Good point and statistically relevant. No doubt if I were playing the game on a large scale, I would utilize such tools. However, I am not. I stack as a store of a readily liquid resource should the need arise. Certainly there would be some market segment for Palladium, however, not nearly as large and accessible as gold and silver. Cheers, RickO
What about gold, platinum, and palladium?
Yup, looks like higher prices !!!
Why would it be harder to manipulate palladium?
easier market to corner but no one cares enough to take the bait
Palladium is 17% down from its high in 2017
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The eagle soared . That’s about it.
It sure seems to be dropping lately.
My YouTube Channel
the second i chose the palladium ETF for the contest it started to tank. Your welcome
Almost to $1300!
My YouTube Channel