FINALLY IT HAS LANDED!
1 December 2021
Palladium is no longer the darling of the precious metals complex.
Always found PD to be overvalued versus both Gold and Platinum. Check out the spread charts below (Pd-Au and Pd-Pt). Perhaps the allure of Tesla is waning.
Next post will propose an option structure to take advantage of the return of PT over PD.
Christmas time with Rudolph – Happy Days!