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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 457.82+1.3%4:00 PM EST

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To: Dr. Voodoo who wrote (156414)4/12/2020 10:50:30 PM
From: sense  Read Replies (1) of 219666
 
The driver of both... is not retail investment demand... but (mostly) Chinese industrial demand... Pd in particular being tied to catalytic converters now being required in China... a replay of the platinum trade when the U.S. first required them. The main relevance for larger markets... likely tied to the now decades long dissing of silver as "just" an industrial commodity... during an era in which a centuries long surplus was being tapped until... it disappeared... right about the time the demand for everything evaporated in a giant, coordinated, rush to sit on the couch.
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