Have you looked at Palladium prices lately? well few months ago I wrote about it in insidefutures.com and described how price was heading to 2000. Well, here is my new prediction for palladium—it’s going over 3000
Below you see a chart of palladium/gold ratio sitting around 1.571. As you can see, palladium is the hottest and fastest performing metal as it is charging past gold. In fact, it is even pulling platinum with it.
As I have stated before, many factors are contributing to this parabolic rally in Palladium, this didn’t happen overnight. I am amazed it took this long to explode. More countries are finally waking up to the fact that it is in their best interest to upgrade their emissions requirements. I think the public will continue to learn more about this metal in great detail as awareness continues to grow. I have sporadically written about it in the past, but palladium is becoming an advocate for clean air AND clear indication of global warming. If you don’t believe climate change is real, take a look at the chart below, it may change your mind.