Loading ...Funny coincidence. I brought up the palladium situation a few days ago. Now that it is officially announced that palladium is at a 17 year high, its time to short palladium, no?
from 12/20 :
Has anybody noticed Palladium is more expensive than Platinum these days?? It has to be a distorted value or price. Historically, we all know Platinum was always more expensive.
Five years ago Platinum was $1700 and Palladium was only $600. I’m going to assume the auto manufacturers switched to over Palladium for exhaust systems at that time, 5 years ago.
But now, or today, Palladium is $1025 and Platinum is $919. For about the same cost, going forward, the auto manufacturers just might start going back to Platinum, since Platinum worked best, it was the first choice.