Just to add to the last three posts regarding pgms an article headed -
Palladium Moves Closer to Parity with Gold - stated -
Because of the increased demand for palladium as well as the Limited Geographic regions in the world which contain the precious metal ,palladium has been a runaway freight train, GAINING almost 30% in just a month and a half. Recent activity in gold and palladium have moved their prices closer with a difference of only $144 .
A major precious metal refining Co,JohnsonMatthey, reported that palladium demand exceeded supply by 801000 oz in 2017. They are also predicting a shortfall this year of 239000 oz. These numbers will highly support a continued price increase in palladium.
If palladium reaches parity with gold it would be the first instance of this occurring in 16 years.
Good for pgms and PGM.
moureeses
Just to add to the last three posts regarding pgms an article...
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