Palladium

[Warlord]

Palladium is now the most valuable of the four major precious metals, with an acute shortage driving prices to a record. A key component in pollution-control devices for cars and trucks, the metal’s price doubled in little more than a year, making it more expensive than gold.

https://www.bloomberg.com/news/artic...ktake-k2ap4ryc

Does anyone own palladium? And is it worth investing in over gold or silver?

[dannno]

http://www.ronpaulforums.com/showthr...ort-(Jan-25th)

http://www.ronpaulforums.com/showthr...ily-going-down



@ILUVRP


@Seraphim

[oyarde]

https://www.bloomberg.com/news/artic...ktake-k2ap4ryc

Does anyone own palladium? And is it worth investing in over gold or silver?

There is a place in upstate NY i can wholesale it to around 60.00 back of spot an ounce and one local buyer at 100.00 back of spot , I have not checked with the Louisville refinery where I dump Gold filled scrap and sterling. I do not buy anything other than gold or silver unless they are govt issue 1/10 oz coins. I would not buy 1 oz increments unless I was going to plan to hold it for a very long time and then wholesale it later . The other metals have zero local interest and the mint products sell new from the mint at robbery prices over spot ( several hundred dollars ) so buying that way there is no real expectation to make money I think.

[acptulsa]

I don't know if I'd buy something as a hedge against recession if it's used in the production of something (like cars) that don't sell in a recession.