Email of the day on palladium's acceleration
Comment of the Day

February 18 2020

Commentary by Eoin Treacy

Email of the day on palladium's acceleration

I hope you are well. What on earth is going on with Palladium? It goes higher every day but yet surely it is correlated to industrial activity which should be going down with the CV? Please could you elaborate. Many thanks,

Eoin Treacy's view

Thank you for this question which I think is puzzling a number of investors. There is a brisk trade right now in stolen catalytic converters with thieves cutting them out of cars. The logical conclusion is there is just not enough of the metal around but there are some additional factors which are worthy of consideration.

Click HERE to subscribe to Fuller Treacy Money Back to top