OTCPK:PALDF - Post by User
Comment by
mousermanon Sep 13, 2019 2:25pm
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Post# 30124728
RE:RE:RE:Different spot prices for PD on some sites
RE:RE:RE:Different spot prices for PD on some sitesI think the market is selling off miners , no matter what the fundamentals are like , and that inlcudes for those that are in a different space, like PDL.
The main metal for PDL is palladium and we know that it is trading very near the all-time high, and that supply is very tight, and this indeed may not be the top.
As i say buy the pullbacks as this deal is just getting better not worse.
Gold accounts for about 5% of the metal production and this Q the average gold price will be 10 to 12 % higher than the last Q, same goes for platinum... up from about 840 $ average for quarter to JUNE 30..... and copper only down a few % and it is actually the smallest by product credit .
Will be blow out earnings....
as i add here, my position is getting quite big, now nearly half my portfolio, AND that is because i cant see a better deal out here.
Investors seem to be jumping all over the financial stocks of late, but they are volatile and some negative from TRUMP and CHINA and they will drop like a rock again.
Palladium price is not so affected by market sentiment and does NOT drop with gold and silver.
Sooner or later the market will catch the drift. Not today it appears.