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Thread: Kitco palladium spot price

  1. #11

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    JMB has bars at 57% off premium.. at the moment comes in $6 less than palladium pool.

    Problem is, when you try and sell that physical palladium, you will find you could sell from the kitco pool for more. Selling back palladium is usually well below spot. Makes no sense, reason I've given up on physical palladium (and rhodium).

    Or maybe just use refiners as Shades would recommend, and count on getting near spot....
    “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. #12

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    Quote Originally Posted by motocat View Post
    JMB has bars at 57% off premium.. at the moment comes in $6 less than palladium pool.

    Problem is, when you try and sell that physical palladium, you will find you could sell from the kitco pool for more. Selling back palladium is usually well below spot. Makes no sense, reason I've given up on physical palladium (and rhodium).

    Or maybe just use refiners as Shades would recommend, and count on getting near spot....
    Correct, but it would give a nice entry point on long term physical holding. I didn't buy any myself.

    The buyback on jmb is $230 less than the "sale" price. Even the spread on Kitco pool palladium is a hefty $200.

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