HerefordBullyun

1 hour ago, modofantasma said:

Less economic announcements due this week. 

Thursday has UK rate decision and BofE speech. 

 

I dont think that's going to matter unless theres another bonds bailout  disaster....

5 hours ago, Gordy said:

Everytime I'm at bloody work, think I might claim benefits so I can be online 24/7

Can you claim some for me also shipmate....?

19 minutes ago, BLOOMMAN101 said:

I can't stop myself see a big H+S

I didn't know you had dandruff? 😂

Just now, Paul said:

To save me reading a few pages back here. Should I be posting moon or booing GIFs today ?? 

Down the lav posts sadly. My fault I caused the drop. I bought off @Silverlocks at heightened BBP prices...

Just now, Sovhead said:

Indeed, definitely a buying opportunity.

Pure manipulation I’d guess.

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.

2 minutes ago, Sovhead said:

Down 35% in 12 months.

65% in the last 3 years.

That's a mark of a possible bottom now...

Interesting. Wonder if theres been a lack of demand... or just blantent market manipulation...

1 minute ago, Sovhead said:

Just noticed palladium and platinum same price now to the penny….

That says to me palladium is heavily under valued..

Just now, modofantasma said:

The market doesn't care 🤣 

£1843

Its because I bought from @Silverlocks yesterday  and now hes well and truly  reported!!!!

I got a silver napkin ring when I was born.

Way back in 1974

1 minute ago, AaaGee said:

Someone hurry the fk up and buy that Young Vic 😬

Go arn you know you want it....

I trust you mate pm me with ya bank details 

Just now, Silverlocks said:

I'd say the 2021 is the better of the two.  You can click on the images and see up close.

1 brit please the best condition of the 2.

10 minutes ago, NextDayBullion said:

Thanks james32, you should be that person , on what i have seen so far on the forum.

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...

Tagging our God of flatware 

@stefffana

1 minute ago, Shuaib121 said:

Mine increased by £15. Am I one of the big boys now?

Better than a boot in the spuds

Just now, andrewse said:

Pls

No flys on this lad right up his pipe.

@James32 asleep?

6 minutes ago, katyc said:

£1865 📈

@James32 net worth just regained 100k

And yours 50k....!

Tut tut.. throwing stones in glass houses there...

8 minutes ago, katyc said:

The micro truck at the front as I've spent up this month....

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...

5 hours ago, ZRPMs said:

Too much meat on my bones to be accused of being a vegan. Or cyclist for that matter.

So basically you like polishing one’s trumpet furiously and bacon sandwiches like 99.9 of white middle aged brit men then

35 minutes ago, StackToCollect said:

 

Now how does the reporting thing work?

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...

36 minutes ago, SidS said:

Who gets the last one? 🤔😉

It's more to the point where the last ones been!

Well the junior miners were down 8% today on golds smash so I thought it would be best to buy the dip today....

47 minutes ago, treetop1280 said:

Now that I’m a big time gold buyer , I thought I’ll have bragging rights , TODAY I RECEIVED “  “ the king of coins , the big time , top of the line the almighty 1/20 kangaroo thing , check it out in its sponged case 👍, @treetop1280= Winner , move over ball bags there is a new player at the table???

Can I interest you in a tube of silver plated rolos at 700 posted SD?

Back to the price, james have you been buying on the forum again and not bbp?

Reported!