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frozen_out

Platinum And Palladium

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Don't know if any of you keep abreast of the Platinum group metals market, but the biannual review of the market by Johnson Matthey was published recently.

The long and short of it is that the platinum market is just about neutral in terms of supply and demand and the price is expected to stay within a relatively narrow range over the next 6 months.

But.... palladium is incredibly interesting.

Supply is very, very tight at the minute and demand is increasing rapidly. The price is expected to increase on the back of this alone, but there is an additional factor in that if the Russians do not dispose of any state stocks this year (they sold 1,000,000 Oz last year) the the market will be in severe deficit. This raises the real possibility of Palladium breaking the $1000/Oz barrier. JMs analysis specifically excludes the possibility of the Russians not disposing of any state stocks, even though their intentions are still a state secret. Whatever happens they are unlikely to sell anything close to the 1M Oz they sold last year, meaning supply is still going to be incredibly tight.

Palladium is a screaming buy right now.

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Don't know if any of you keep abreast of the Platinum group metals market, but the biannual review of the market by Johnson Matthey was published recently.

The long and short of it is that the platinum market is just about neutral in terms of supply and demand and the price is expected to stay within a relatively narrow range over the next 6 months.

But.... palladium is incredibly interesting.

Supply is very, very tight at the minute and demand is increasing rapidly. The price is expected to increase on the back of this alone, but there is an additional factor in that if the Russians do not dispose of any state stocks this year (they sold 1,000,000 Oz last year) the the market will be in severe deficit. This raises the real possibility of Palladium breaking the $1000/Oz barrier. JMs analysis specifically excludes the possibility of the Russians not disposing of any state stocks, even though their intentions are still a state secret. Whatever happens they are unlikely to sell anything close to the 1M Oz they sold last year, meaning supply is still going to be incredibly tight.

Palladium is a screaming buy right now.

Interesting info thx for sharing, do you have a link for that?

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Interesting info thx for sharing, do you have a link for that?

At the risk of replying for my Honourable Friend;

http://www.ft.com/cms/s/0/7ed3585c-f16c-11df-8609-00144feab49a.html#axzz16Cv53krW

and if you want the physical, I would consider

http://www.goldline.co.uk/investmentBarsPage.page

and my mate Bruce in Guernsey, where there is no VAT (unless you bring it home with you);

http://www.guernseymint.com/category/Bullion-Bars.aspx

and my Palladium has just moved into profit this year, so I share the bullish sentiment of others. If you want to buy smaller amounts (but the premium is very high) then;

http://www.cooksongold.com/Grain-and-Casting-Pieces/Gw-Palladium-Casting-Pieces-prcode-APAL-000 or alternatively,

http://www.cooksongold.com/Wedding-Ring-Blanks/-Alloy=Palladium_Rings/-Style=0/-Finger_Size=0/-Width=0/-Hallmarked=0/&prdsearch=y

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I take it you don't' take physical delivery of this then? :P

Why not - it's completely safe, not toxic or radioactive at all. Little 100g bars fit snuggly in the palm of the hand.

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here is the report itself, it covers all the PGMs

http://www.platinum.matthey.com/publications/pgm-market-reviews/archive/platinum-2010-interim-review/

If you're interested in the metals from a scientific point of view then Platinum Metals Review also published by JM (quarterly) is also well worth a read.

Edited by frozen_out

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  • 261 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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