Palladium
Speculative froth has built up across all precious metals, yet gold’s structural tailwinds will allow it to weather corrections better than its peers.
Silver, platinum, and palladium may ride the same cyclical tailwinds as gold in the coming months. However, four key risks threaten their relative performance versus the yellow metal.
The dollar is breaking down, as capital leaves the US. The important question investors must answer is how much downside is left for the greenback, and whether depreciation will continue in a straight line over the coming months or pause (and even stage a countertrend rally).Tactically, we will be…
On The Underperformance Of Palladium Versus Platinum…
Longer-Term Headwinds Weigh On Palladium…
Palladium Soars On Geopolitical Risks…
Highlights While difficult to forecast, the trajectory of global auto sales likely will follow that of GDP growth (Chart of the Week). As a result, palladium’s supply constraints will re-emerge, but its “epic rally” likely unfolds at a slower pace as global economic conditions normalize at an…
Yesterday, BCA Research's Commodity & Energy Strategy service wrote that it expects palladium prices will move higher on the expanding deficit, and backwardation in the forward curve will persist in incentivizing the release of inventories to market. Yet, global palladium stockpiles…
Highlights Supply constraints and unstoppable demand growth – the result of stricter regulations requiring higher loadings in autocatalysts to treat toxic pollution in automobile-engine emissions – will continue to push palladium’s price higher, despite a near-vertical move higher that began in…
Palladium: Bubble Or New Paradigm…