Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: Any PM stackers chose Palladium?

  1. #1

    Default Any PM stackers chose Palladium?

    I've been stacking Gold, Platinum, and Silver for about 10 years now.

    However, looks like Palladium would have been the best PM to stack - -now nearly equal to Platinum -- with gold in it's sights.

    In '08, when I started stacking big -- Palladium was less then $200/oz. Now 5 times that price. Gold is not even double it's '08 lows. (And minors a big loss).

    If there had been more choice (and lower premium) for Palladium coins, they may have been part of my stack. (I only have couple palladium bars - received as expendable odd type change when I traded for gold with a dealer in the past). Why is Palladium so unpopular for use in bullion vs platinum?

    Did any stacker have the foresight to include Palladium as a good part of the their collection? If so, you must be feeling even better then the gold bugs now!
    Last edited by motocat; 09-01-2017 at 02:19 PM.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  2. #2

    Default

    Quote Originally Posted by motocat View Post
    I've been stacking Gold, Platinum, and Silver for about 10 years now.

    However, looks like Palladium would have been the best PM to stack - -now nearly equal to Platinum -- with gold in it's sights.

    In '08, when I started stacking big -- Palladium was less then $200/oz. Now 5 times that price. Gold is not even double it's '08 lows. (And minors a big loss).

    If there had been more choice (and lower premium) for Palladium coins, they may have been part of my stack. (I only have couple palladium bars - received as expendable odd type change when I traded for gold with a dealer in the past). Why is Palladium so unpopular for use in bullion vs platinum?

    Did any stacker have the foresight to include Palladium as a good part of the their collection? If so, you must be feeling even better then the gold bugs now!

    I ask again -- did any stacker here have the foresight to focus on Palladium? What luck that of all the metals, we stackers miss out on the one that has done by far the best since the recession!

    Lesson: diversify in precious metals -- the one you leave out, may likely be the one that "keeps" value best.

    Will palladium bullion become more common (with lower premiums) now that it has done so well?
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  3. #3

    Default

    Quote Originally Posted by motocat View Post
    I ask again -- did any stacker here have the foresight to focus on Palladium? What luck that of all the metals, we stackers miss out on the one that has done by far the best since the recession!

    Lesson: diversify in precious metals -- the one you leave out, may likely be the one that "keeps" value best.

    Will palladium bullion become more common (with lower premiums) now that it has done so well?
    i for one did not. i only last year began stacking pt to add to the au and mostly ag

  4. #4

    Default

    Quote Originally Posted by maxwellsilverhammer View Post
    i for one did not. i only last year began stacking pt to add to the au and mostly ag
    I looked at old threads here (06-07), and see that at one point, quite a number of posters had interest in Palladium bullion. Wonder if anyone hung on to palladium, and are now enjoying the rewards or trading to other metals?

    I feel like an idiot after reading these old posts. Seems like it was obvious Palladium would have done the best, and we should have especially known this vs platinum when the VW diesel scandal broke. Now it's to late, no reason for it to go much higher then platinum.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  5. #5

    Default

    Just from calling around and asking, it's a drag getting full spot for pd when selling.

    The pd Eagles interest me, mostly because intro year and maybe the won't keep making them. Could be the type of thing the "semi-numis" crowd eats up in a few years, especially it metals take off at some point.

  6. #6

    Default

    Quote Originally Posted by Sunken Stacks View Post
    Just from calling around and asking, it's a drag getting full spot for pd when selling.

    The pd Eagles interest me, mostly because intro year and maybe the won't keep making them. Could be the type of thing the "semi-numis" crowd eats up in a few years, especially it metals take off at some point.
    I tried to cash in on my palladium and I had to beg, fight, insult dealers and the best I was offered was $120 under spot. This was my biggest worry with PD and PT. I figured it would be hard to sell but most people I talked to refused to even buy PD and if I did get an offer it was $200 under spot or worse. I'm going to make my rounds with the online dealers and see what I can get.

  7. #7

    Default

    the overnight robots are having a field day buying and selling creating huge profits for their programmers. such huge swings from one day to the next up and down just makes me as a stacker sick to death of these **** games they play in the paper world of metals. i wont buy any palladium physical for that reason, and i cant take advantage of the overnight and next day swings to make profits because even the kitco pool fees are prohibitive for a small timer like myself working with only about $10k or so to make my purchase with. i really really hate the huge bull**** paper traders and the rigged markets they create for themselves.

  8. #8

    Default

    Quote Originally Posted by motocat View Post
    I looked at old threads here (06-07), and see that at one point, quite a number of posters had interest in Palladium bullion. Wonder if anyone hung on to palladium, and are now enjoying the rewards or trading to other metals?

    I feel like an idiot after reading these old posts. Seems like it was obvious Palladium would have done the best, and we should have especially known this vs platinum when the VW diesel scandal broke. Now it's to late, no reason for it to go much higher then platinum.
    yes, i thought i would play the same roll of the dice with paladium that i did with rhodium but decided it is too rigged by the paper bots.

  9. #9

    Default

    Quote Originally Posted by maxwellsilverhammer View Post
    yes, i thought i would play the same roll of the dice with paladium that i did with rhodium but decided it is too rigged by the paper bots.
    Maybe it's better to just ignore all the chatter, and buy low, sell high. Play the ratios with the metals. Nobody really knows the future, but we do know PM's are real -- and that fiat digits must go down in value over time. I'm down to 1 oz palladium now, heavy on platinum. Chances are, palladium will not remain some 50% more valuable than platinum forever -- the ratios do go back and forth unless something completely different happens (as it did with aluminum).

    As far as being rigged -- the palladium and rhodium markets have far less paper involved then gold, silver, and platinum. So if you don't like the influence of paper bots - -maybe palladium should have been your metal of choice years ago?
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  10. #10

    Default

    Quote Originally Posted by motocat View Post
    Maybe it's better to just ignore all the chatter, and buy low, sell high. Play the ratios with the metals. Nobody really knows the future, but we do know PM's are real -- and that fiat digits must go down in value over time. I'm down to 1 oz palladium now, heavy on platinum. Chances are, palladium will not remain some 50% more valuable than platinum forever -- the ratios do go back and forth unless something completely different happens (as it did with aluminum).

    As far as being rigged -- the palladium and rhodium markets have far less paper involved then gold, silver, and platinum. So if you don't like the influence of paper bots - -maybe palladium should have been your metal of choice years ago?
    yep, if i had better knowledge of pm's other than silver and gold at the time i probably would have bought heavily into pd. the good hunch i took on rh certainly paid off for me better than any other p m. as you know, it is so much easier to buy/sell au and ag than the others. interesting ride to say the least.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •