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HerefordBullyun

Platinum Premium Member
  • Posts

    17,375
  • Joined

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  • Days Won

    62
  • Trading Feedback

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  • Country

    United Kingdom

Everything posted by HerefordBullyun

  1. China isnt even open yet. Wait for the buying coming in later. Unless the london desk and US desk start shorting the c**p out of it during Shanghai hours...
  2. I dont think that's going to matter unless theres another bonds bailout disaster....
  3. I didn't know you had dandruff? 😂
  4. Down the lav posts sadly. My fault I caused the drop. I bought off @Silverlocks at heightened BBP prices...
  5. Apparently not platinum is taking over... What are the recent market trends and factors contributing to the decline in palladium prices? The palladium price has fallen significantly due to a combination of factors. Here are some key reasons: Surplus supply: The market is expected to be in a surplus in 2024, which has put downward pressure on prices. The rapid spread of electric vehicles and automakers choosing cheaper platinum for their autocatalysts has reduced demand for palladium. High stockpiles: Stockpiles of palladium remain high, which has increased the supply of the metal and put downward pressure on prices. Weak demand: Demand for palladium has been weak due to the shift towards electric vehicles and the ongoing pandemic, which has reduced demand from the automotive sector. Russia-Ukraine conflict: The ongoing conflict between Russia and Ukraine has disrupted supply chains and reduced demand for palladium, leading to a decline in prices. Platinum prices: The price of platinum, a sister metal to palladium, has been relatively stable, which has made it more attractive for automakers to use platinum instead of palladium in their autocatalysts. Global recession: The global economic outlook is uncertain, and a recession could further reduce demand for palladium and other precious metals. Here are some specific events that have contributed to the decline in palladium prices: In 2023, palladium prices fell to five-year lows below $1,000 an ounce due to expectations of surpluses and weak demand. In February 2024, spot palladium prices fell below those of sister metal platinum for the first time since April 2018, due to growing demand concerns and bets on stable supply. In November 2023, palladium prices tumbled to five-year lows as the rapid spread of electric vehicles and automakers choosing cheaper platinum for their autocatalysts reduced demand for palladium. Overall, the combination of surplus supply, high stockpiles, weak demand, and global economic uncertainty has led to a significant decline in palladium prices.
  6. That's a mark of a possible bottom now... Interesting. Wonder if theres been a lack of demand... or just blantent market manipulation...
  7. That says to me palladium is heavily under valued..
  8. Oho l! Irony coming from the largest hoover in the forum... Have you told @katyc your forum wife youve run off into the sunset with your new wife aldibranflakes? Anyway when moon and wen divorce papers?
  9. Its because I bought from @Silverlocks yesterday and now hes well and truly reported!!!!
  10. I got a silver napkin ring when I was born. Way back in 1974
  11. No he shouldn't. As he would be ousted from the NBS.... I for one are not having my bert as a mod! And neither of my other Bert's will too...
  12. Are you still standing? With that comment. It's a little bit funny... what your feeling inside.... It's no sacrifice that's @James32 has made.... hes hardone by you.... Somethings are better baby... Just passing through. Like a decent madras... I will get my coat...
  13. Better than a boot in the spuds
  14. No flys on this lad right up his pipe. @James32 asleep?
  15. And yours 50k....! Tut tut.. throwing stones in glass houses there...
  16. If that's your first world problem on the micro side. You've never seen me in the shower and reported just incase your curious about a fat pot belly eyed mirco middle aged lunatic who smells of twiglets and wee...
  17. So basically you like polishing one’s trumpet furiously and bacon sandwiches like 99.9 of white middle aged brit men then
  18. So I send you my bank details and my address. You send me £100000 fiat and post all your shiny stack to me. And by the power of greyskull hey presto! I can have any member banned quicker than a whippet with a bum full of dynamite...
  19. It's more to the point where the last ones been!
  20. Well the junior miners were down 8% today on golds smash so I thought it would be best to buy the dip today....
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