SmarTrend’s proprietary algorithms detected bullish price action on shares of North American Palladium which generated an Uptrend alert on April 14, 2009 at $1.85. For full story, click here
The past week finally saw Palladium dipping 1.97% on the week and is still hovering around the important $200 level. The up-trend is still intact and is likely to push palladium up and above $200 very soon. For full story, click here
The rand gained as palladium prices rallied and gold traded near a seven- month high. For full story, click here
Among precious metals for immediate delivery, palladium was up 0.9 percent at $176.50 an ounce. For full story, click here
If the auto industry recovers and starts buying again, that’s good for the Pd companies because prices rebound and probably shoot up past their equilibrium price . For full story, click here
Palladium prices almost have to go up at some point because producers simply aren’t profitable right now. For full story, click here
The nominal price is projected to average $461/oz during the forecast period, 2.4-fold increase over the previous 30 years’ average. For full story, click here
Vast demand destruction could actually make the prices skyrocket at some point. For full story, click here
The real palladium price (in 2007 dollars) is expected to average $394/oz during the forecast period from 2008 till 2017. This is an increase of approximately 36 per cent over the average real price between 1976 and 2007. For full story, click here
Platinum and palladium prices fell, with the spate of poor economic data from the United States and Europe pressuring all industrial metals. For full story, click here
Thursday, July 9, 2009