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It’s the best performing metal of the last 6 months +16.62%, of the last 12 months +14.78% and of the last 3 years +33.35%. In the 5 year ranking of the best performing commodities it come second with an overall performance of +59.22%. Only gold has performed a little better over the last 5 years. By a performance of +63.20% it’s still positioned before palladium.
In comparison with the most important stock-market indexes, considering the past 5 years the NASDAQ Composite Index is ahead with a plus of a 40.53%. Far behind, the Dow Jones is following with 18.61%. The reason for the inner strength of palladium is to be defined very easily.
The demand is higher than the supply. The inventories are shrinking. There is shortage in delivery. Finding and producing palladium is becoming more and more expensive. Full stop.
Gold and silver have shown weak over the last two years because the buyers are being thinned out more and more...
Recently updated: Gold 4 Hour
The Complete GUNNER24 Trading and Forecasting Course will give you the critical knowledge you need to forecast and analyze the markets with the GUNNER24 Forecasting Technique. The NEW course is a must for any trader/investor who wants to understand this innovative and revolutionary forecasting method and use it successfully in everyday trading. The materials in this course are all you will ever need if you plan to trade the markets and make a living doing so.