RE:RE:Charlie waffles ! Take a look at the Gold/Palladium RATIO. Where at 83 range. Important last year this happened was the week of Feb 4th GOLD was $1,847 (weekly average) and Palladium was $2,246 with a RATIO of 83.
13 weeks Later Aprith 5th week GOLD was $1,700 and Palladium was $2,600 with a RATIO of 106. 83 to 106 what a trade.
And in August GOLD was $1750 Palladium had touched $2,900 in MAY
Do the same over 2 Years what do you get. Even better.
August 11th Week Gold was $1,997 now a 2 year old high and Palladium was at $2,184 with again a RATIO of 81 Palladium went to over $2,900 and GOLD went to $1,700.
Now you know why PALL might be a good hedge as we wait for GOLD ro RUN.
Below are RATIO data. Sorry it posts so badly.
| GOLD | PALLADIUM | RATIO |
29-Oct-21 | $ 1,787 | $ 2,027 | 84 |
13-Oct-21 | $ 1,761 | $ 1,949 | 87 |
28-Sep-21 | $ 1,764 | $ 1,949 | 86 |
13-Sep-21 | $ 1,805 | $ 2,317 | 96 |
27-Aug-21 | $ 1,795 | $ 2,417 | 102 |
13-Aug-21 | $ 1,775 | $ 2,640 | 109 |
29-Jul-21 | $ 1,811 | $ 2,653 | 104 |
14-Jul-21 | $ 1,801 | $ 2,818 | 107 |
29-Jun-21 | $ 1,779 | $ 2,617 | 100 |
15-Jun-21 | $ 1,887 | $ 2,805 | 100 |
1-Jun-21 | $ 1,891 | $ 2,828 | 101 |
17-May-21 | $ 1,824 | $ 2,930 | 107 |
3-May-21 | $ 1,781 | $ 2,901 | 110 |
19-Apr-21 | $ 1,749 | $ 2,692 | 106 |
5-Apr-21 | $ 1,719 | $ 2,614 | 105 |
19-Mar-21 | $ 1,723 | $ 2,426 | 93 |
5-Mar-21 | $ 1,754 | $ 2,360 | 88 |
19-Feb-21 | $ 1,811 | $ 2,353 | 86 |
4-Feb-21 | $ 1,850 | $ 2,288 | 87 |
21-Jan-21 | $ 1,855 | $ 2,386 | 93 |
6-Jan-21 | $ 1,899 | $ 2,375 | 90 |
18-Dec-20 | $ 1,852 | $ 2,324 | 94 |
4-Dec-20 | $ 1,824 | $ 2,354 | 99 |
18-Nov-20 | $ 1,894 | $ 2,383 | 97 |
4-Nov-20 | $ 1,889 | $ 2,294 | 95 |
21-Oct-20 | $ 1,906 | $ 2,382 | 97 |
7-Oct-20 | $ 1,881 | $ 2,308 | 97 |
23-Sep-20 | $ 1,938 | $ 2,313 | 89 |
9-Sep-20 | $ 1,941 | $ 2,250 | 82 |
25-Aug-20 | $ 1,945 | $ 2,184 | 81 |
11-Aug-20 | $ 1,997 | $ 2,185 | 84 |
28-Jul-20 | $ 1,849 | $ 2,169 | 100 |
14-Jul-20 | $ 1,794 | $ 1,944 | 103 |
29-Jun-20 | $ 1,749 | $ 1,894 | 106 |
15-Jun-20 | $ 1,716 | $ 1,932 | 109 |
1-Jun-20 | $ 1,731 | $ 2,003 | 112 |
15-May-20 | $ 1,709 | $ 1,807 | 116 |
1-May-20 | $ 1,712 | $ 1,960 | 129 |
17-Apr-20 | $ 1,695 | $ 2,153 | 140 |
2-Apr-20 | $ 1,596 | $ 2,061 | 146 |
19-Mar-20 | $ 1,596 | $ 1,906 | 128 |
5-Mar-20 | $ 1,631 | $ 2,555 | 145 |
20-Feb-20 | $ 1,576 | $ 2,381 | 133 |
5-Feb-20 | $ 1,571 | $ 2,280 | 129 |
22-Jan-20 | $ 1,556 | $ 2,159 | 121 |
7-Jan-20 | $ 1,519 | $ 1,908 | 107 |
19-Dec-19 | $ 1,469 | $ 1,895 | 113 |
5-Dec-19 | $ 1,466 | $ 1,795 | 106 |
19-Nov-19 | $ 1,469 | $ 1,710 | 101 |
5-Nov-19 | $ 1,498 | $ 1,759 | 99 |