PALL has dropped to the nose of the Bullish Symmetrical Triangle from last year. Support and resistance are noted.

Palladium vs. gold, which was used as a gauge of coming economic strength in early 2013, had recently been making bearish signs, with only a cross down of the weekly moving averages holding out from confirmation.

Joining its friends in the commodity and precious metals complexes, the daily Palladium chart is starting to get bearish as if on cue, after reading this article at Kitco.

Dialing back to January of 2013, I am looking for clues about the coming phase for the economy, mostly as an input into whether or not I can think about turning bullish on gold again (here we remind you again of gold’s best investment case, which is counter not procyclical).

One of the major reasons we’re so bullish on platinum group metals—palladium, in particular—is because of the intractable problems with supply.

Gold bears have hammered the idea that the yellow metal might serve as a safe haven against political turmoil, inflation or electronic money printing. Do precious metals bears have a point?