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RE: Palladium Surpasses Gold Record High from 9 years ago
Great information and post bud. Good to see a detailed post about Palladium 👍
More then cars
The metal apparently is used a lot in military as it blocks certain radar I’m told.
I've been to South Africa on a yearly basis for business, I can verify the conditions of power outages and a change of labor conditions effecting production, including the mining of metals.
Platinum is 1/10 as rare as Gold, 1/100 of silver
Palladium is 15 times rarer than Platinum
I didn’t know that
Very interesting
So the Silver:Gold ratio is way out of balance. Platinum usually commanded a $200-250 premium over gold (Should be higher). Palladium finally commanding the premium it deserves.