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North American Palladium Ltd. Message Board

  • tristrem tristrem Oct 17, 2012 3:37 PM Flag

    My outrageously bold prediction about the price of Pd

    I predict that the price of palladium will reach $850 per ounce within 6 months, as South Africa collapses due to dysfunctional infrastructure, and class & ethnic warfare.

    Of course, I could be wrong -- so please don't trade based on this opinion of mine!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I don't think that's an outrageously bold prediction. Metals pricing & timing of moves are difficult to predict. But I agree that the impact of S.A. troubles is yet to be fully realized in Pd prices. That's a major factor in why I maintain optimism in this frustrating stock.

    • It is possible and SA loss of production may be the trigger because it appears that it is a long situation. All we have to do is wait and see how much deficit palladium will have in 2013?....
      With Palladium at $800 PAL will surely trade much higher 3 to 4 at least! I believe a $675/$700 palladium will push PAL already at $2+ maybe 2.50?...

      Good luck and good night here

      • 1 Reply to bigblue904034
      • It takes around 6 months for the ore to hit the spot so the timign is about right. When the metal stops showing up people are going to panic. So you have a window of 3-6 months where you dont see any changes. Then all off a sudden BOOM! But that also works the other way.. People will panic and send the metals to the moon but if things change on the ground, you got to anticipate that the commericals will be putting up hedges because they know in 3-6 months things will be back to normal. See the PD spike a decade ago when it went to $1000. Thats with just a missing shipment from russia.

 
PAL
0.2986-0.0016(-0.53%)Jul 23 4:02 PMEDT

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