Bound for Bullishness: Palladium Beating Analysts’ Expectations
Palladium – Palladium is doing better than analysts predicted at the start of 2013.
Palladium – Palladium is doing better than analysts predicted at the start of 2013.
Palladium – Bloomberg reported that palladium's low so far this year has been $646.95 per ounce, higher than 17 out of 20 analysts forecast in a London Bullion Market Association survey published in January.
Silver – Silver managed to close above $29, but was quickly robbed of the gains.
Palladium – Bullish sentiment toward palladium is prevalent among analysts, and many are predicting supply deficits and price increases in 2013 and beyond.
Palladium – Bloomberg reported that London Bullion Market Association’s top forecaster, Rene Hochreiter, said palladium will see gains as gold’s 12-year bull market comes to an end.
Silver – The news wires are all a buzz with the most recent scoop of Wall Street: JPMorgan’s investigation by the Department of Justice and the Commodity Futures Trading Commission over allegations of manipulating the silver market on the London Bullion Exchange and NYMEX.
Nasty times are around the corner. No, we do not traffic in paranoia, but whenever any institution gets large enough to single-handedly affect a given market, especially that of gold, conspiracy therorists rush in to stake a claim. Could they be true? What if one of them is bang on? Every gold bug would [...]
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