Is it a Trend Setter Or Manipulation?

in steemsilvergold •  6 years ago 

What an impressive run Palladium has had over the past 6 months. You cant help but ask, Is this a indication of what will come for Precious metals in 2019 or is this a classic case of Manipulation.

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I only have 1/2 of an oz of Palladium in my stack and over the past 6 months, I have wished that I had more. Is this just the start of the Palladium run? Last night or this morning for some of you, Palladium crushed the $1,400 mark setting an all time high.

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Currently sitting around the $1,421 an oz mark puts it at the top of the 4 popular precious metals. Funny thing is no other precious metals seem to be running like Palladium. Now with that being said it gives me the Manipulation chills. Unfortunately I am not very informed about Palladium. I do understand that Russia controls most of the production and sales.

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Part of me wants to believe it is a trend setter and the other 3 are slow to catch on. Now I am not that naive to understand that when one country controls over 80% of something, then they pretty much can control it. I am also not thay naive to understand that gold is king. Therefore a lot of people judge things off of gold, like when Bitcoin passed the gold value or Palladium passes the gold value. Well I can't help but feel that gold is starting to get pissed off and is working on a come back plan as I write this.

So we will call this a " Trend Manipulator ". We will also have to sit back and see if the other 3 precious metals will follow suit or watch Palladium crash.

Keep stacking, what ever it may be!

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Palladium has had a great run I just wish they’d let the other metals. Thanks mike

It is strange that palladium spot is higher than Gold. I know it is used in auto cad. Converters, but so was platinum.
I bought 2 one oz rounds about 2008 I believe I paid about $530.00 for each👍
Such barbaric relics 🤗

🤩👍

Crazy that’s it’s more than platinum and gold 😏😳

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Maybe the ratio to be watching is Pd : Ag — stack it hard (even if it’s burger patties 😜👍)

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When I read the tittle of the article, I thought that you were refering to steem...:=)

  ·  6 years ago Reveal Comment

Ray just an FYI, one of my friends just tried selling sme of hs and had a bitch of a time fnding a buyer.