Wed, Dec 24, 2014, 10:27 PM EST - U.S. Markets closed early today

Recent

% | $
Quotes you view appear here for quick access.

North American Palladium Ltd. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • nevermore_jg nevermore_jg Apr 27, 2010 1:19 PM Flag

    Looks like good short at $5

    Strong dollar should continue until the Treasury auctions end:

    2-Year NOTE Tuesday, April 27, 2010
    5-Year NOTE Wednesday, April 28, 2010
    7-Year NOTE Thursday, April 29, 2010
    4-Week BILL Tuesday, April 27, 2010
    13-Week BILL Monday, May 03, 2010
    26-Week BILL Monday, May 03, 2010

    Also, there was the preliminary vote in the House to overwhelmingly impose sanctions on iran, including gasoline. Only way to enforce is with a naval blockade. They will put a real vote later at a convenient time, but you are basically seeing further dollar strength as a result, which hurts PMs.

    http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=d12

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • DXY was 74 in Dec 09.
      Palladium spot was 360-370.

      DXY touching 82 today.
      Palladium spot 545-560.

      Dollar has had ZERO effect on PM's.

      • 2 Replies to ojzitro
      • ... CONFIDENT!" - My hero Warren Buffet!

        I have been following Warren the last few years and overall have learned a lot and done fairly well.

        Today's panic over some minor countries bonds (that have been known basket cases for years) is one of the last opportunities to load up on PD/PL stocks before the GREAT SURGE!

        THE FUNDAMENTALS HAVE NOT CHANGED! Indeed today the consumer confidence index is trading upward and yesterday Whirlpool surged to over a $100 - a 10% gain! Why? Manufacturing is SURGING WORLD WIDE!

        Remember palladium is used somehow in the manufacture of one out of every four things made!

        I am buying more SWC. PAL I am pretty loaded up on and want to see them actually start mining that PD in some quantity before buying more.

        ..

      • Respectfully, I disagree. Dollar has a major influence in PM movement. Take a look at 5 year charts. Picking Dec 09 is strange because it was the turning point in a much larger trend line - itll take a bit to catch up. For example: ~Dec09: gold hit max, silver hit max, BDI maxed, dollar hit min, oil topped out, etc etc. The notable exceptions were Platinum & palladium, which only paused briefly in Dec09, rather than top. This is a largely because there arent large hedges on Pt & Pd, while Au and Ag have lots of hedges. In a way, Pt and Pd have become better indicators of true value of the dollar than gold. Relating back to PAL, we see dollar influence, as well as the very nice Pd influence, making PAL a strong performer.

        GLTU!

    • ... CONFIDENT!" - My hero Warren Buffet!

      I have been following Warren the last few years and overall have learned a lot and done fairly well.

      Today's panic over some minor countries bonds (that have been known basket cases for years) is one of the last opportunities to load up on PD/PL stocks before the GREAT SURGE!

      THE FUNDAMENTALS HAVE NOT CHANGED! Indeed today the consumer confidence index is trading upward and yesterday Whirlpool surged to over a $100 - a 10% gain! Why? Manufacturing is SURGING WORLD WIDE!

      Remember palladium is used somehow in the manufacture of one out of every four things made!

      I am buying more SWC. PAL I am pretty loaded up on and want to see them actually start mining that PD in some quantity before buying more.

      pal

 
PAL
0.1302-0.0025(-1.88%)Dec 24 1:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.