woensdag 22 januari 2020

COMEX Palladium/Platinum Stock Vs. Palladium/Platinum Price

Whenever the stock level of palladium goes down, this indicates there is a shortage and the palladium price will go up. This started to happen in 2014, when diesel cars were scrutinized by regulators. More and more cars went from diesel to gasoline, hence the supply shortage in palladium.


The same correlation between stock level and price goes for platinum. In platinum's case, there is no shortage yet. Actually, there is an oversupply today.


Geen opmerkingen:

Een reactie posten