OTCPK:PALDF - Post by User
Comment by
crow27on Jul 20, 2019 3:53pm
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Post# 29943262
RE:Interesting read
RE:Interesting read And on top of all that good news why PD should be in tight supply and in a huge deficit for 2019 even if the ETF dumps all of its palladium they did not mention this which I would say could send the PD price to the moon.
"Negotiations have begun for a new contract in the South African mining industry for platinum group metals, meaning potential for a supply disruption. The Association of Mineworkers and Construction Workers Union has called for a 48% rise in the minimum wage."
I like that "calling for a 48% rise in the minimum wage" Don't think that is going to happen???
Sit, wait and watch this play out. Now you see why PD could easily tip $2,000.USD.
My Crystal ball once again tells me PDL will be a bit higher than $15.61 ........................... I would say a h ell of lot higher!!
GLTA