Interesting information. Thanks.
I would like to see a drop in Pd prices, but... maybe not. Not if this change really is the result of changes in automotive catalyst usage. The Auto market dominates all other uses for such noble metals.
Absolutely. (The Auto market dominates)
Pd (trading symbol /PA, chemical symbol Pd) is very very tricky to trade. I have never traded the futures. Very thin, huge overnight moves. And, I would suspect the moves will be become even more dramatic with this price crossover. Which is historic.
I once had 2 Cana Maple Leafs in Pd @ about $700. Gone, breakeven.
I also had 1.5 oz phys Platinum which I sold for $1900/oz which was great since I bot it for for about $1200.
The best metals trade I ever did was selling 2/3rd my silver @ 38.50
Mazda is bringing out a new engine that will be 30+% .
That one might not need a cat converter.