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North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices... see more

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North American Palladium Ltd (New) > May is going to be INTERESTING

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Post by TABerlioz1111 on Apr 26, 2019 8:50am

May is going to be INTERESTING

Price of palladium just jumped over the past 1-2 hours.

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Comment by macdtrader on Apr 26, 2019 8:58am

Nice. Along with gold moving up. With the $USD strengthening, I read an interesting theory that the ESF smashed gold because the FED will have to do something in the way of dropping rates next week, to deal with a dollar getting too strong. This will spike gold and with it all commodities. We will find out soon enough. Seems reasonalbe. No other countries are in ...more

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Comment by TABerlioz1111 on Apr 26, 2019 10:42am

Yeah, all the precious metals are going up today, which is extra nice for us. That means the palladium-specific catalysts probably haven't been priced in yet. Should leave us extra room to run up in May. Odds are good that we break $1,500 per ounce next month.

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North American Palladium Ltd (New)