Silver, Palladium, Oil Gold SWIFT | David Jensen

A somewhat mixed week for precious metal spot price action. The gold price looks to be closing just under $1200 oz, as the US dollar silver price has been showing some recent strength likely to close above $14.50 oz.

This episode, our guest and I, will discuss a bit about one precious metal that has outperformed virtually all since 2008, palladium

We will also discuss continued macro changes ongoing in global oil markets, as well as the European Union's recent decision to begin moving away from SWIFT for trade with Iran, Russia, and China.

With us this week is a returning guest, precious metals analyst and mining consultant David Jensen of Jensen Strategic.

This interview is being recorded Friday September 28, 2018 at 1:00 PM eastern time.

As discussed around the 11:30 mark in this episode, about how the Ford Motor Car Company lost about $1 billion USD in 2001 as their purchasing department got a little aggressive buying palladium without price hedgging near $1,000 oz almost two decades ago.

This week's video CHARTs are below for your convenience.

Palladium, Gold, Silver, Platinum US dollar prices in this Full Fiat Era

Palladium, Gold, Silver, Platinum US dollar prices

Chinese Oil Market Share 

China Oil Chinese Oil Market Share Global SD Bullion SDBullion.com

Chart Source


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James Anderson
James Anderson
Content Director

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.

Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades.