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Non-Tech : The Woodshed

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From: gold$10k1/18/2020 8:09:55 AM
4 Recommendations

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Anchan
benwood
bostma
ggersh

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DAVID JENSEN on Twitter talking about palladium's rally and its implications for other PMs.
IMO this guy is knowledgeable.
Too much trouble to isolate the tweets I want... you can check it out for yourself...
twitter.com

from yesterday
London #palladium lease rates this a.m.
1 Mo. 27.67%
3 Mo. 17.34%
6 Mo. 13.12%
1 Yr. 8.45%
No resolution.
COMEX has cash settlement provisons; LBMA OTC mkt doesn't.
Literal off-the-chart price move.

from 15 Jan
Physical demand laying waste to promissory note spot price setting system @ London & NY precious metals mkts.
Paper is not metal - metal disappearing.
Watch #Platinum / #Silver next.

from 10 Jan
As central bank currency printers' work hits the price of goods, precious metals prices start to surge.
Fr. 1970, it was platinum first (now palladium used in autos) then silver then gold in order that ran.
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