Discussing Palladium with David Jensen

Very helpful information in this FREE podcast.

33

With palladium prices surging again and physical metal in tight supply, there is an abundance of incorrect analysis and misinformation on the internet. This podcast will explain for you the forces at work that are driving price and what, if anything, the palladium market may foreshadow for gold and silver investors.

I've known David Jensen for a few years and he's the guy who first directed me to watch palladium back in 2018. David understands how the LBMA and LPPM operate and, as such, provides analysis and information that is actionable and unrivaled.

For this call, David and I begin by setting the background of metals trading and how digital derivative and fractional reserve pricing has led to a supply deficit for palladium that streches back several years. Please follow along as David discusses these two charts:

And then be sure to check these two links that David mentions as the discussion turns specifically to palladium:

Finally, the past three days have seen palladium prices plunge by 10% as JPMorgan transferred some metal from New York to London in a move designed to ease the supply pressures. However, note that the bulk of the selling has occurred during Comex hours...where next to zero metal ever changes hands:

And further note that over the past twelve months, there have been five previous corrections of this magnitude. All of them only served to lead to the next higher high. Will this current correction be any different?

Many thanks to David for his time today. For daily updates, be sure to follow him on Twitter @realDavid Jensen: https://twitter.com/RealDavidJensen

And if you're not a current member at TFMR, you should be. We've been following palladium for over two years now and continue to monitor it daily. You can learn more about a TFMR subscription here: www.tfmetalsreport.com/subscribe

Thanks for listening.

TF

  33 Comments

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zenharmonics
Jan 29, 2020 - 8:11pm

What happened to $300 palladium?

A decade ago, Rick Rule was touting the opportunity in palladium. I bought some, as I knew it was more rare than $2,000 platinum at the time. Fast forward five years later, palladium made it to $900 and I sold like an idiot. Last week I sold my last two ounces. Still probably an idiot. I was not thinking of the futures market in palladium and the immense supply restraints opportunity. Bottom line. Rick Rule was right, but one must have patience to be a winner.

NUGTCALLNUGTCALL
Jan 28, 2020 - 5:18pm
J Siefert
Jan 28, 2020 - 3:23pm

Has Iran taken Revenge for General Soleimani's Killing?

Russian intelligence sources have confirmed that Michael D’ Andrea, the head of US intelligence operations against Iraq, Iran and Afghanistan, has been killed in Taliban’s shoot-down of a US military plane in Ghazni.

https://hararelive.com/2020/01/28/general-soleimani-killer-dies-in-plane...

HistoryStudent
Jan 28, 2020 - 2:38pm

From Quale & Holter

Keep Your Eyes On Hong Kong China’s Financial Center And Keep Eyes On Shanghai Chinas Manufacturing Center
January 26, 2020

China is shutting down the biggest manufacturing city in china with profound global impact both for goods and financial markets…..also shanghai is about 1/3 locked down already (silently) with likely the whole city locked down shortly.

China blew it big time! China owns between 20,000-29,000 tons of gold,they will have to make up for their huge loss of national sales and export losses. China,may choose to play their gold card through a currency backed by gold or crypto currency,tied to gold. The spot price of gold will surge to produce multiples of the current gold spot price and may happen rather quickly,as they will need foreign currency to recover from this epidemic and to re- assert themselves in the manufacturing world.,as it stands now they can not feed their biilon plus population without vast imports of foods and necessities.

More…

Gasivs Buttox
Jan 28, 2020 - 1:17pm

Vancouver, BC patient identified with virus and 3rd Cdn case

BC Minister claims there is no evidence of asymptomatic transmission of the disease.

Gasivs responds with a very skeptical "Oh ya"

NUGTCALLcavalier
Jan 28, 2020 - 11:58am

Thanks

Now does anyone know the outstanding shares total of the combined company

cavalierNUGTCALL
Jan 28, 2020 - 11:47am

Detour shareholders approved the KL merger

86% of Detour shareholders approved the merger. KL very likely to approve. It should be a done deal.

Orange
Jan 28, 2020 - 11:35am

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

lakedweller2
Jan 28, 2020 - 10:53am

Things Must Be Really Bad For The Banks

Attack on non-index miners as well as those in the indexes.

NUGTCALL
Jan 28, 2020 - 10:46am

KL and Detour deal

Is today the day we find out if the merger passes?

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