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I have also been watching palladium and platinum for many years. Unfortunately, I don't see the specific investment case at the moment.
Both are quasi industrial metals that are mainly used for catalytic converters. However, the market for fuel vehicles has a problem at the moment. And probably will in the foreseeable future. Where will the demand come from?
Maybe I'm missing something...
Both are quasi industrial metals that are mainly used for catalytic converters. However, the market for fuel vehicles has a problem at the moment. And probably will in the foreseeable future. Where will the demand come from?
Maybe I'm missing something...
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@Epi could also have something to do with inflation or the decline of the dollar. Shouldn't commodities rise massively if the dollar falls?
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@Epi That was this chart here https://i.postimg.cc/QxK4L11p/usd1.jpg If HKCM's steep thesis that the dollar is losing so much value proves to be true, everything else should automatically appreciate. However, I'm not a professional on the subject. I may also be drawing the wrong conclusions.
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@Dirty30 In principle, it is true that raw materials usually become more expensive with a USD drop. In concrete terms, this is often much more complicated. For example, the chart shows EURUSD. What if both fall and the euro strengthens? Or: a falling USD usually has economic reasons, which also have an effect on commodity prices, so that the correlation is not always so clear. Or: if you want to speculate on a fall in the USD, I would do so directly and not via the detour of a commodity that is difficult to understand.
But who knows, maybe you'll get lucky!
But who knows, maybe you'll get lucky!
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@Epi thank you. the AI has just told me something similar 😁 that the connections are sometimes very complicated. So I'm even more excited to see what the future holds, as we can learn something new again.
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