littleriver
Long

Palladium is going to get more expensive.

NYMEX:PA1!   PALLADIUM FUTURES
549 22 3
In this chart I am comparing a couple of indicators in the last bull run in Palladium             with what is happening now. These indicators are pointing to a move north in the commodity soon. Positive moves in the commodity occur when crossovers in the MACD coincide with Fisher indicator bouncing off upward trend line. For an added bonus, volume has been really escalating with higher price. I would like to thank JR and NMIKE for introducing Fisher to me. Always something new to learn from the great members here at Tradingview. Thank you!
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Hidden divergence discussion ... Blue divergence looks interesting
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News Triggers

What could trigger this stock to go beyond $30.00 a share?
Closing Norlisk Nickel
Russian agency sues Norilsk Nickel for $19.5 mln over eco damage
http://rapsinews.com/judicial_news/20130204/266288128.html

What could cause SWC to get to $16 or even $20?
US auto sales ramp up this summer/fall.
The company recycles spent catalyst material to recover PGMs at the smelter and refinery. The company has a longterm catalyst sourcing agreement and spot contracts with other suppliers who ship spent catalysts to the company for processing to recover PGMs. The company smelts and refines the spent catalysts by the same process as the mined production is purified.
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QuantitativeExhaustion PRO QuantitativeExhaustion
3 years ago
As you can see Ford and SWC have a strong relationship in both business and stock price
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littleriver QuantitativeExhaustion
3 years ago
Thank you for the charts and links. Here is one I found . You may have read already a bit outdated.

http://cms.sprottglobal.com/media/25818/rick_rule_market_outlook_feb_2013_v2__2_.pdf

Also interested in what effect these new rules Obama is adopting will have on palladium , if any.

http://www.heraldpalladium.com/news/wire/epa-takes-aim-at-auto-emissions-sulfur-in-gas/article_0f9903a2-d86e-585c-a49d-40793fe83e84.html
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littleriver QuantitativeExhaustion
3 years ago
Also found this

http://www.epa.gov/rfa/tier3.html

It lists everyone affected by new tier 3 emissions rule. It mentions converters but not sure exactly what type of converter they are referring to.
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QuantitativeExhaustion PRO littleriver
3 years ago
Yep.. This was just mentioned on the nightly news.
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QuantitativeExhaustion PRO littleriver
3 years ago
Looks like 2010 was the speculative drive for palladium based on the new CAFE standards. 2013-14 are the years we see palladium demand grow based on the hype-speculation phase over two years ago.
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littleriver QuantitativeExhaustion
3 years ago
Here is a bit about how sulfur and it's effect on catalytic converters.

To enable automakers to meet the new standards, EPA required oil refiners to remove about 90 percent of the sulfur in gasoline. Sulfur poisons catalysts that control vehicle exhaust and inhibits the performance of catalytic converters, increasing vehicle emissions.

http://ens-newswire.com/2011/11/03/u-s-air-quality-agencies-urge-lower-sulfur-in-gas/

As air pollution standards tighten and we have gasoline engines the future is bright for palladium.
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Look at the palladium volume increase after every small pull-back
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littleriver QuantitativeExhaustion
3 years ago
Heavy buying on the pullback . I noticed it.
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littleriver littleriver
3 years ago
Figured good as long as volume was increasing.
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QuantitativeExhaustion PRO littleriver
3 years ago
So do you go with PAL, SWC or both?
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QuantitativeExhaustion PRO littleriver
3 years ago
It's ready to go parabolic. Big run coming
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littleriver QuantitativeExhaustion
3 years ago
I looked at some historical move and they both moved about the same percentage with respect to the underlying palladium. Both winners but plenty of activity on the SWC options.
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QuantitativeExhaustion PRO littleriver
3 years ago
Well, recently it looks like SWC is benefiting more from auto sales growth compared to PAL. Price action benefits PAL. You can buy longer dated 2.00 Calls on the cheap. You can also roll into 3's and 5's after prices really starts to move.
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littleriver QuantitativeExhaustion
3 years ago
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Here is a chart based on an idea you recently shared. i would have liked to included volkswagen but do not know the symbol. Autos, I believe are driving this boom, along with supply issues. But, the demand is coming from autos. This chart is good reason to believe it will continue.
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Did you see North Korea is threatening everyone. South Korea is said to respond. Lots of deep water oil drilling potential in the Korea Sea.
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littleriver QuantitativeExhaustion
3 years ago
I did see, They are taking out the bat phones in response to recent sanctions.
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QuantitativeExhaustion PRO littleriver
3 years ago
Should help gold/silver/palladium/platinum

All about oil. Nuclear threats ... yeah right

Exploration drilling could soon resume off northern Korea, after a 15-year gap. This follows the recent signing of a production sharing agreement between the government of the Democratic People’s Republic of Korea (DPRK) and the London-based independent Aminex. The acreage awarded is the most extensive offered to date to one company, covering the entire West Sea basin in northern Korean waters, part of the East Sea offshore basin, and three onshore basins.
Over the past decade, numerous foreign oil companies have been granted smaller concessions, only to exit after limited work programs. Most were frustrated either by limited funds or the scale of data-gathering required to build on earlier exploration by Korean institutes and Soviet contractors. These exercises, conducted mainly in the 1980s and early 1990s, suggested strong potential for commercial hydrocarbon discoveries, particularly in the seas either side of the mainland.
Now, however, the DPRK is making a concerted effort to foster new activity to ease the country’s energy crisis. This situation was brought on during the 1990s through a combination of dwindling indigenous coal stocks and the withdrawal of subsidies on oil and gas imports following the break-up of the former Soviet Union. The country lacks the resources needed to pay for oil and gas at current prices - hence the recently proposed uranium enrichment program, which led to emergency talks between North Korea, its neighbors, and the US.
Production agreement
Aminex’s relations with the DPRK date back to an encounter with a Korean delegation in London in 1998. “They were on a fact-finding mission to see how the oil industry worked in Europe,” says the company’s CEO Brian Hall. “We had a good meeting, which resulted in our technical staff visiting Aberdeen to review their data sets.”

http://www.offshore-mag.com/articles/print/volume-65/issue-11/departments/asia-pacific/petroleum-agreement-set-to-revive-interest-off-north-korea.html
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littleriver QuantitativeExhaustion
3 years ago
North Korea is unpredictable. It reminds me of old Russia where the politicians are worshiped. Only much more radical.
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QuantitativeExhaustion PRO littleriver
3 years ago
It's coming soon. Iran-North Korea
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littleriver
3 years ago
snapshot


Just inside the fork. Looking for a rebound but anything below the yellow line would be unwanted.
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