@highbrow_nobrow@Acyn Do you think the U.S. economy is shrinking again in Q2 and officially enters a recession?
What do you think is going to happen if that’s the case?
@marketplunger1 the question is: why should the price go up meaningfully? The world needs less Palladium in the future, not more. Most of the PA is used for automotive catalysts, which are more and more giving way to EVs. There might be a short term trade in there, but no bull market IMHO.
@silverguru22 I respectfully disagree. Silver is the one precious metal that is extremely well controlled by the bullion banks. The size of the silver paper market is massively larger than the physical market, but still relatively small, compared to gold.
@GarrettGoggin Don’t be surprised if exactly the opposite is going to happen. The market normally does the opposite of what everybody expects. The rational would be, “Fed in” means risk on and therefore safe haven/gold off
@frankoz95967943 That’s not going to happen, because in return China would sell all its Treasuries. In fact the amount of capital is similar, around $800B.
@GarrettGoggin Interesting point of view. I assume you own Gold and Gold stocks? It seems everybody is long now and Gold is too expensive for jewelry now. Also it is obvious that a parabolic move is the last phase of a bull run, so I wonder what you are trying with your post.
@marketplunger1 $MP jumped up recently, but MP mainly mines oxides and does very little REE processing. $LYC.AX is practically the only investable REE mining and processing company outside China.