katyc

Pay for a Platinum Membership - then you have all the reactions you could ever need 🖖

I'll just brush that remark off.

I didn't know you had dandruff? 😂

The financial world is weird. Prefers to take the stairs up, elevator down. Where most when they go grocery shopping prefer to buy when prices are cheaper, refrain/postpone buying when prices are higher - but when they shop for stocks are more inclined to do the complete opposite - buy high and sell low - and then wonder why they lost out.

Thats that cleared up then!

Today is the release of U.S. NFP (non-farm payrolls) @ 01:30pm BST.
You'll see gold swing up and down like a yo-yo around lunch time as Wall Street plays its usual roulette game.
Kinda pathetic but it is what it is.

Robin Williams talking about banksters...  

twittervid.com_GoldTelegraph_690b76.mp4    

Sorry to hear that. Sadly me too, and I've got a mate that has quite severe myocarditis as well, prognosis on that is terrible too  

The word booster isn't permitted in this house. I've lost friends (sheep) over my views on that! 😜
£20.85
Fair point 😊

The word booster isn't permitted in this house. I've lost friends (sheep) over my views on that! 😜
£20.85
Fair point 😊

Damn, I missed this! 

The word booster isn't permitted in this house. I've lost friends (sheep) over my views on that! 😜
£20.85
Fair point 😊

The word booster isn't permitted in this house. I've lost friends (sheep) over my views on that! 😜
£20.85
Fair point 😊

I believe this to be a pull back and retest before the next run. Cant have your boosters on all the time!
Load up before the next departure!

Christ on a bloody bike.... 🙄

Christ on a bloody bike.... 🙄

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.

That's a mark of a possible bottom now...
Interesting. Wonder if theres been a lack of demand... or just blantent market manipulation...

(And down again)

Creeping up again🥳
£1848

(And down again)

Just rocketed up to £1859?
What's occurin'?

(And down again)

Just rocketed up to £1859?
What's occurin'?