Thursday, September 24, 2015

Palladium Chart: Unleash the Bulls!

I just wrote a story on palladium for Energy & Resources Digest, which should run this weekend. Here's a chart ...

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(updated chart)

What is driving this move in palladium? It's NOT as Bloomberg insists, China's move to promote electric cars. Platinum isn't used in electric cars. FAIL for Bloomberg.

No, it's something else. And for that, you'll have to tune in to Energy & Resources Digest on Saturday.

Hope your Thursday is going well. Check out that action in gold. My chart from Sunday is working out nicely (for a change). Keep your eye on overhead resistance for gold around $1,160.


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