Where did all the palladium disappear to?
You can hardly find it anywhere, what you can find is selling for a 50% markup over spot.
Are people just not willing to accept dollar losses on selling palladium?
I wouldn't buy palladium, I want to stick with what people know. Gold and silver.
Yeah. Relatively thin market and poor tolerance of loss. Many who bought Palladium are BELIEVERS.Originally Posted by Scribbles
And they might just be right. This is controlled by russia. They may just wait for prices to go back up before producing much more (the russians that is). I have found none cheap and consider myself a pretty good looker (though I could be deluding myself in that area).
pappy
Well I appreciate palladium as a precious metal.
I realize that about half its value is likely derived from its use in the automotive industry(Which isn't doing so great atm). $200 an oz seems like a decent floor value right now, I don't see it wanting to go much lower, excepting fluctuations due to erratic dollar value.
The only thing I'm a believer about is that palladium might be a decent(multi-year hold) long at these spot prices if one could actually find any.
May be giving away the secret, but try here.
http://www.wexfordcoin.com/LiveBullionQuotes.htm
Seems availability is limited, but price is good compared to others.
pappy
Oh yeah. never used them. Don't know what the delivery times might be. 20 oz minimum on one ounce bars and 200 ounce minimum on 10 oz bars.
Last edited by pappy; 10-07-2008 at 10:51 PM.
in which case you might as well buy silver.
Platinum is looking kinda good, only $76.40 more than gold right now (as of 1:14AM).
It's really dropped off the past few months in comparison to gold.
20 Ounce minimum is not very attractive, I think.May be giving away the secret, but try here.
http://www.wexfordcoin.com/LiveBullionQuotes.htm
Seems availability is limited, but price is good compared to others.
pappy
Oh yeah. never used them. Don't know what the delivery times might be. 20 oz minimum on one ounce bars and 200 ounce minimum on 10 oz bars.
Hmm... Maybe platinum is a better option until palladium can be had at a fair price and in reasonable quantities.
yikes niggaplatinum is looking kinda good, only $76.40 more than gold right now (as of 1:14am).
It's really dropped off the past few months in comparison to gold.
platinum to gold is now 1:1???
If you have more than $1000, BUY PLAT!
WOW
We've been SOO stuck up on gold and silver we forgot the 3rd brother, PLATINUM.
Ok, you say Platinum is $1500-2000, WRONG.
Platinum is now UNDER $1000, NOT MUCH MORE THAN GOLD!!
In the past, it's always been TWICE as gold.
If I can get 1.6 grams of palladium... I'm building an arc reactor.
Posting Permissions
Reply With Quote
Connect With Us