User Research/Opinions   

Precious Metals - Palladium

Palladium hit US$900 an ounce this week.
Not only that it is going to be worth more than Platinium, it is closing up the gap with gold price - an ounce for an ounce.
Palladium is for petrol vehicles
Platinium is for diesel vehicles
We do not need to bother with slowdown in car sales as the shift from diesel to petrol (even for commercial vehicles) will sustain the upside and use up the industrial stockpile.


https://www.fxstreet.com/analysis/will-the-death-of-diesel-ruin-platinum-201708111120


 

 

Palladium is a key precious metal used in petrol engine catalytic converters for pollution control.

My alma mater S& P Comstock/Platts published a report a month ago than Palladium is expected to worth more than platinium
https://www.platts.com/latest-news/metals/london/palladium-price-likely-to-overtake-platinum-in-26734952

Physical - only hold PAMP / Sussie Bars
Paper - You can look at PALL ETF or SPPP ETF (NYSE Codes)

Last night, Gold & Silver dropped 1-2% while Bitcoins & Ethereum crashed over 10%.
Yet Palladium went up by 1.5%, cool! Should be worth reading more into it. 

Of course, i am just sharing, This is not a buy-recommendation
Lose money don' t blame me.