What is going on with Palladium these days? If you look closely at the chart below you will see a low price 15AUG2018 of $847.60 per ounce. Now fast forward to 28FEB2019 and you will see a price of $1,549.10, an 80% increase in price! Is this increase in price just temporary? What is behind this tremendous jump in price?
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You have worked your entire adult life building a retirement portfolio to support the lifestyle you dream of having. With some losses along the way you managed to keep your nest egg intact with prudent investing decisions, sage advice, and cutting back on your spending when you had to.
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These days you have to take what the market gives you when buying precious metals. When the bulls are off and running and the prices soar, people buy. This is usually fueled by a large dose of negative data from the US Dollar and equity markets, AND overzealous media!
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