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kernull

Palladium ready to run.

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<!--quoteo(post=204358:date=Feb 1 2011, 09:42 AM:name=G0ldfinger)--><div class='quotetop'>QUOTE (G0ldfinger @ Feb 1 2011, 09:42 AM) <a href="index.php?act=findpost&pid=204358"><{POST_SNAPBACK}></a></div><div class='quotemain'><!--quotec-->Someone's sitting on Palladium at $820-$825.

 

I wonder for how long they'll be able to sit on this bull. <img src="http://www.greenenergyinvestors.com/public/style_emoticons/<#EMO_DIR#>/smile.gif" style="vertical-align:middle" emoid=":)" border="0" alt="smile.gif" /><!--QuoteEnd--></div><!--QuoteEEnd-->

 

either that or it's hit a wall

 

<img src="http://i1018.photobucket.com/albums/af304/triple-agent/pdfeb11.gif" border="0" class="linked-image" />

 

update (of sorts)

 

pdupdatemay11.gif

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It looks to me as if Pd might finally be getting ready to go to that old 2001 high at $1,100.

 

84268193.png

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It looks to me as if Pd might finally be getting ready to go to that old 2001 high at $1,100.

 

84268193.png

 

Yeah I remember thinking when we hit the 550-600 area that the chart looked like gigantic cup and handle. With a low at 200 and a high at 600 that would project a move to 1000.

 

So much for the "double top" at the 600 area...

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The Gold and Platinum price are swapping place currently, gold was actually $4 more expensive an ounce than Pt 10 mins ago. Thinking about swapping some of my gold to platinum via GM and am wondering what others thoughts are?

 

My thinking is that the last time that gold and platinum were the same price was in the depths of the crash in '08, gold is showing strength as it is the stable go too asset, where as Pt is being sold down as an industrial metal. IMO this can't last as Pt is far more precious than gold and maybe a good opportunity to swap.

Very good point. However, Pd has been plumbing even lower depths recently.

 

http://www.markt-daten.de/charts/rohstoffe/images/au-pt-ratio.gif

au-pt-ratio.gif

 

http://www.markt-daten.de/charts/rohstoffe/images/gold-platin-ratio.gif

gold-platin-ratio.gif

 

http://www.markt-daten.de/charts/rohstoffe/images/pt-pd-ratio.gif

pt-pd-ratio.gif

 

http://www.markt-daten.de/charts/rohstoffe/images/platin-palladium-ratio.gif

platin-palladium-ratio.gif

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Post from DrB's diary...

 

Here are some charts that may help to generate some trading ideas

CHEAP PLATINUM ? -

It certainly looks cheap versus GLD and SLV ... update

 

platvsgldslv.gif

 

Here's the Ratio : Platinum-to-Gold

 

plattogold.png

 

And a less commonly observed Ratio : Platinum-to-CRB

 

97089047.png

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$860 was the top in Feb 21, 2011 (apart from the 2001 spike). We're over 872 right now. MAJOR outbreak IMHO.

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