littleriver
Long

Palladium is going to get more expensive.

NYMEX:PA1!   PALLADIUM FUTURES
551 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!
snapshot


Just inside the fork. Looking for a rebound but anything below the yellow line would be unwanted.
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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
I did see, They are taking out the bat phones in response to recent sanctions.
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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
North Korea is unpredictable. It reminds me of old Russia where the politicians are worshiped. Only much more radical.
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It's coming soon. Iran-North Korea
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Look at the palladium volume increase after every small pull-back
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littleriver QuantitativeExhaustion
Heavy buying on the pullback . I noticed it.
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littleriver littleriver
Figured good as long as volume was increasing.
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So do you go with PAL, SWC or both?
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