Whats your forecast on Palladdium ?

Discussion in 'Bullion Investing' started by mpcusa, Nov 26, 2018.

?

So will Palladium over take Gold for the top spot ?

  1. Yes, with in 6 months

    2 vote(s)
    22.2%
  2. Yes, with in 12 months

    1 vote(s)
    11.1%
  3. Yes, between 12 and 18 months

    0 vote(s)
    0.0%
  4. Maybe, just not sure when...

    2 vote(s)
    22.2%
  5. Aint going to happen

    4 vote(s)
    44.4%
  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Never in a million years would i ever considered Palladium to be the
    New Gold however dont look now but as of this thread Gold is trading
    @ $ 1,244.95 and Palladium is @ $1,146.90, Thats less the $100
    it was not to long ago that Palladium took over the second spot from
    Platinum, and know one thought that would ever happen, it looks like
    The rolls are reversed.
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    An update as of this post Palladium has now pulled with in $33.68 of
    Gold per OZ, seems like more of not if but when !
     
  4. Santinidollar

    Santinidollar Supporter! Supporter

    Why do you think that is?
     
    FinishedWalkout likes this.
  5. There is a fraction of Palladium compared to gold. The only reason gold is not Priced at 500 dollars an ounce is due to GLD etf, lots of demand from asia Etc.
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    well what ever the specific reason Palladium is now trading at $1,214.25
    has been moving up ever since the Palladium U.S coins were introduced
    coincidence ?
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    As of this post Palladium has moved with in $7 !! of Gold !!
    I find that amazing !!
     
  8. losthomer

    losthomer Active Member

    I predict I will add 0.0 ounces of palladium to my portfolio.
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Palladium has finally surpassed Gold for the number one spot !!
    Currently trading at $1,244 know if that isnt news i dont know
    What is !!
     
  10. Mr Roots

    Mr Roots Underneath The Bridge

    Absolutely meaningless.
     
    myownprivy likes this.
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's a precious metal so it will go up and down as all PM's do. Supply and demand.
     
  12. asheland

    asheland The Silver Lion

    It passed it yesterday, but is back below now. If you look at historic charts, there was a day in 2001 I believe that when gold was around $250, palladium was over a grand! 4 times the price!
     
  13. Numiser

    Numiser Well-Known Member

    I read where about 50% of the palladium goes to catalytic converters for gasoline powered automobiles, so when electric cars take over it might take a hit.
     
  14. Palladium is a good conductor. It's going to be a crucial component in the storable energy industry. I want some.
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Well, not sure how high its going to go but the ship is heading up stream
    Very quickly !
     
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