I like palladium here too but am watching the $USD due to institutional insolvency and their ATTEMPTS at deleveraging (kind of like an over weight couch potato inspired by his TV to do an Olympic 31/2 off the high platform .. a belly flop being the likely outcome). BK's equal capital destruction=bullish for the dollar= bearish for PM's.
The fact is US dollars are becoming more scarce and in demand. Hard to believe but true. There's is nothing even in the distant future to lead one to believe that there will be that kind of leverage to ramp things up to previous levels for a very long time.
One could do a short platinum/long palladium play here and balance the two on a percentage basis (NOT on a nominal basis!)
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I like palladium here too but am watching the $USD due to institutional insolvency and their ATTEMPTS at deleveraging (kind of like an over weight couch potato inspired by his TV to do an Olympic 31/2 off the high platform .. a belly flop being the likely outcome). BK's equal capital destruction=bullish for the dollar= bearish for PM's.
Sep 16 17:03 pm
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All Comments by extinctionism »Today's True Safe Haven Investments [View article]
The fact is US dollars are becoming more scarce and in demand. Hard to believe but true. There's is nothing even in the distant future to lead one to believe that there will be that kind of leverage to ramp things up to previous levels for a very long time.
One could do a short platinum/long palladium play here and balance the two on a percentage basis (NOT on a nominal basis!)