<img src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2015/09/09/18/03/bullion-932218_960_720.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2015/09/09/18/03/bullion-932218_960_720.jpg"/>
图片来源：Pixabay
大约一年前，Baby Bear 在这里告诉大家，与其担心以 “正确” 的价格购买白银，不如每天购买你计划持有的头寸的 10%，持续几周，完成 这件事，然后 忘记 它。这是明智的建议。“设定并忘记” 的心态对 贵金属多头 来说效果很好。
我在 铂金（通过 PALL）价格大约 便宜 25% 的时候就开始宣传它。我没有采纳上述建议，而是在过程中时不时地小幅获利。我本可以 更好 地持有它。但我们暂且不谈这个，专注于铂金本身。
首先，这里是 白银（蓝色）与铂金（黑色）的长期百分比变化图。
<img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLSLV-640x340.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLSLV-640x340.jpg"/>
如你所见，白银的表现远远超过了铂金。
下面是一个不同时间段的铂金（再次为黑色）与 黄金（蓝色）的百分比变化图。
<img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLGLD-640x340.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLGLD-640x340.jpg"/>
在这种情况下，你可以看到铂金曾经是超级明星，随后它暴跌并大致与黄金的表现相匹配。
在过去一年左右的时间里，尽管白银和黄金绝对 闪耀，铂金却笨拙地跟随。举例来说，白银此刻的名义价格达到了人类历史上的最高点。我拥有大量实物白银（与我上面提到的愚蠢行为不同，我没有疯狂地买卖），我认为它的价格还会继续上涨。
然而，铂金的价格不到其峰值的 一半（!!!!!）更重要的是，我一直在关注铂金的模式，无论是 “原始” 形式还是通过比率图表，过去一年都在大声呼喊 “买入并持有”。这简直是一个绝佳的圆形底部，我已经写了数十篇相关的帖子。
<img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart__PA-640x340.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart__PA-640x340.jpg"/>
促使我今天发帖的原因是，价格终于突破了它被困在其中的 几周 的区间。下一个大挑战将是封闭并超过 $144 的价格点。如果我们能做到这一点——我认为很可能很快就会——我相信我们将 “开始比赛” 与 PALL。
<img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALL-640x340.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALL-640x340.jpg"/>
今天早上，我又一次大规模购买了 PALL。我设定了一个止损位在 $ 129（再次强调，当我第一次开始谈论 PALL 时，它是 $93），只要价格保持在这个水平之上，我会努力不去按卖出按钮！
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更多来自此作者的文章：
FOMC 前夕
债券崩溃
原油的侵蚀持续

钯金 ETF - ETFS

本文讨论了钯金（PALL）的投资策略，强调了其近期价格走势和增长潜力。作者将钯金的表现与白银和黄金进行了对比，指出钯金目前被低估。作者建议采用 “买入并持有” 的策略，预计价格将突破 144 美元。文章强调了在 129 美元设定止损的重要性，并建议避免频繁交易以最大化收益

<img src="https://imageproxy.pbkrs.com/https://cdn.pixabay.com/photo/2015/09/09/18/03/bullion-932218_960_720.jpg" alt="" original-src="https://cdn.pixabay.com/photo/2015/09/09/18/03/bullion-932218_960_720.jpg"/>
Image Source: Pixabay
<div class="lb-trans">图片来源：Pixabay
</div>About a year ago, Baby Bear told everyone here that instead of worrying about buying silver at the exactly “right” price, maybe just buy 10% of your intended position every day for a couple of weeks, be done with it, and forget about it. That was sage advice. The “ set it and forget it” mentality has worked out well for precious metals bulls.
<div class="lb-trans">大约一年前，Baby Bear 在这里告诉大家，与其担心以 “正确” 的价格购买白银，不如每天购买你计划持有的头寸的 10%，持续几周，完成 这件事，然后 忘记 它。这是明智的建议。“设定并忘记” 的心态对 贵金属多头 来说效果很好。
</div>I’ve been trumpeting palladium(by way of PALL) back when it was about 25% cheaper. I have NOT taken the above advice, instead nibbling here and there on profits along the way. I’d have been much better off just holding the dang thing. But let’s set that aside and focus on palladium itself.
<div class="lb-trans">我在 铂金（通过 PALL）价格大约 便宜 25% 的时候就开始宣传它。我没有采纳上述建议，而是在过程中时不时地小幅获利。我本可以 更好 地持有它。但我们暂且不谈这个，专注于铂金本身。
</div>First off, here’s a long-term percentage change chart of silver(blue) versus palladium (black).
<div class="lb-trans">首先，这里是 白银（蓝色）与铂金（黑色）的长期百分比变化图。
</div><img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLSLV-640x340.jpg" alt="" original-src="https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLSLV-640x340.jpg"/>
As you can plainly see, silver has massively outperformed palladium.
<div class="lb-trans">如你所见，白银的表现远远超过了铂金。
</div>Below, over a somewhat different time period, is a percentage change chart of palladium (again, in black) versus in blue gold.
<div class="lb-trans">下面是一个不同时间段的铂金（再次为黑色）与 黄金（蓝色）的百分比变化图。
</div><img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLGLD-640x340.jpg" alt="" original-src="https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALLGLD-640x340.jpg"/>
In this instance, you can see how palladium was a superstar for years, then it plunged and roughly matched gold’s own performance.
<div class="lb-trans">在这种情况下，你可以看到铂金曾经是超级明星，随后它暴跌并大致与黄金的表现相匹配。
</div>Over the past year or so, while silver and gold have absolutely shined, palladium has clumsily tagged along. Silver, for example, is at this very moment at the highest nominal price in human history. I own a lot of physical silver (which, unlike my stupidity mentioned above, I didn’t frenetically buy and sell), and I think it’s heading plenty higher.
<div class="lb-trans">在过去一年左右的时间里，尽管白银和黄金绝对 闪耀，铂金却笨拙地跟随。举例来说，白银此刻的名义价格达到了人类历史上的最高点。我拥有大量实物白银（与我上面提到的愚蠢行为不同，我没有疯狂地买卖），我认为它的价格还会继续上涨。
</div>Palladium, however, is less than HALF its peak price (!!!!!) More importantly, the PATTERN I’ve been watching with palladium, both in “raw” form as well as via ratio charts, has been screaming “ buy and hold” for the past year. This is simply a terrific, rounded bottom, and I’ve written literally dozens of posts to this effect.
<div class="lb-trans">然而，铂金的价格不到其峰值的 一半（!!!!!）更重要的是，我一直在关注铂金的模式，无论是 “原始” 形式还是通过比率图表，过去一年都在大声呼喊 “买入并持有”。这简直是一个绝佳的圆形底部，我已经写了数十篇相关的帖子。
</div><img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart__PA-640x340.jpg" alt="" original-src="https://slopeofhope.com/wp-content/uploads/2025/12/slopechart__PA-640x340.jpg"/>
What prompted today’s post is that the price has finally pushed its way out of a range it’s been trapped within for weeks. The next big challenge is going to be to seal and exceed the $144 price point. If and when we can do that – -and I think it’s very likely to be soon – – I believe we’re “off to the races” with PALL.
<div class="lb-trans">促使我今天发帖的原因是，价格终于突破了它被困在其中的 几周 的区间。下一个大挑战将是封闭并超过 $144 的价格点。如果我们能做到这一点——我认为很可能很快就会——我相信我们将 “开始比赛” 与 PALL。
</div><img src="https://imageproxy.pbkrs.com/https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALL-640x340.jpg" alt="" original-src="https://slopeofhope.com/wp-content/uploads/2025/12/slopechart_PALL-640x340.jpg"/>
This morning, for the umpteenth time, I bought PALL in size. I’ve set a stop at $ 129(again, when I first started yacking about PALL, it was $93) and I’ll try super-duper hard to keep my fingers off the Sell button so long as it stays above that price!
<div class="lb-trans">今天早上，我又一次大规模购买了 PALL。我设定了一个止损位在 $ 129（再次强调，当我第一次开始谈论 PALL 时，它是 $93），只要价格保持在这个水平之上，我会努力不去按卖出按钮！
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<div class="lb-trans"><hr/>
</div>More By This Author:
<div class="lb-trans">更多来自此作者的文章：
</div>FOMC Eve
<div class="lb-trans">FOMC 前夕
</div>Bonds Break Down
<div class="lb-trans">债券崩溃
</div>Crude’s Erosion Continues
<div class="lb-trans">原油的侵蚀持续
</div>

PALL 开始展现其自身价值