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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (39501)10/12/2021 3:17:28 PM
From: Jacob Snyder2 Recommendations

Recommended By
ajtj99
Lee Lichterman III

  Read Replies (1) | Respond to of 97567
 
If there is any consensus on RIG, it is:
1. bankruptcy candidate
2. E&P capex will never go up, because
3. we will all soon be driving EVs running on sunshine.

Unpleasant and unexpected events are more likely to happen, for commodities with few sources and few uses. 85% of Palladium is used in ICE vehicle’s catalytic converters. usmoneyreserve.com 2 nations (Russia and S. Africa) produce most of the world’s supply. By contrast, copper is used in everything that plugs in or has a battery or makes electricity. You use oil and natgas 50 times a day, and so does everyone else. For every article in the financial press about palladium, there are 100 about copper, and 200 about oil. So it is much easier to guess the future of copper and oil than palladium.