Palladium prices seems to be strong lately - what is driving them?

Comments

• jmski52 Posts: 23,306 ✭✭✭✭✭

  January 25, 2013 5:43AM

  This was in ZeroHedge yesterday:
  
  Maybe some of this data will help.

  Q: Are You Printing Money? Bernanke: Not Literally
  
  I knew it would happen.

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• derryb Posts: 37,746 ✭✭✭✭✭

  January 25, 2013 6:11AM

  Uncertainty with labor revolt in South African mines where most of the world supply comes from.

  No Way Out: Stimulus and Money Printing Are the Only Path Left

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• Metalsman Posts: 2,075 ✭✭✭

  January 25, 2013 12:04PM

  Palladium will be over $850 in short order!

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• RGJohn Posts: 402

  January 27, 2013 12:29AM

  
  
  << <i>I've been observing Palladium prices doing better lately than Platinum.
  
  Anybody knows/see any particular reason? >>
  
  
  
  The markets will re-open soon but currently:
  Gold $1658
  Pt $1688
  Pd $735
  Rh $1200
  
  So the trend suggested to me is that all of the PGMs are stronger, not just any particular one. Platinum's reversal of its recent pricing vis-a-vis gold to return to the more usual situation (pre-panic).
  While gold is faltering.
  
  Is this indicative of increasing industrial demand by recovering economies for PGMs versus declining fear-driven speculation undercutting strength for gold?
  Stay tuned to this planet.

  Many, many perfect transactions with other members. Ask please.

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• tydye Posts: 3,894 ✭✭✭

  January 27, 2013 1:48AM

  The problem with palladium imo is trying to sell the stuff. Most local dealers in my area wont handle the stuff

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• Wingsrule Posts: 3,077 ✭✭✭✭

  January 27, 2013 4:39AM

  2013 YTD:
  
  Gold: -0.95%
  Silver: +2.73%
  Platinum: +9.84%
  Palladium: +5.23%
  Rhodium: +4.00%

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• botanist Posts: 524 ✭✭✭

  January 27, 2013 6:57AM

  The strong Palladium is due to trading based on inside info. The US mint will soon announce the American Palladium Eagle. Persons privy to that inside info are stacking.

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• ShinyThingsInPM Posts: 456 ✭✭

  January 28, 2013 1:16AM

  The problem with palladium imo is trying to sell the stuff. Most local dealers in my area wont handle the stuff
  
  Ebay and Apmex are my usual venues to sell Pd, obviously you have to be ready to part with 10-15%.
  
  However extra premium for physical usually offset some of the transaction costs

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• derryb Posts: 37,746 ✭✭✭✭✭

  January 28, 2013 6:38AM

  blame it on silverbaron. he created a silver shortage so now palladium is hot.

  No Way Out: Stimulus and Money Printing Are the Only Path Left

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