Gold vs Palladium
dennis1219
Posts: 267 ✭✭✭
As Palladium approaches the per ounce price of gold, what are your thoughts long term for these medals.
I own 0 Palladium. I feel it is a horrible long term investment as I thought with platinum...but curious what the experts think.
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I am by no means an expert, but I hear Palladium is WAY rarer than Gold, and even rarer than Platinum!
Yes, rarity means nothing unless there is demand, and AU has enjoyed 5000 years of demand, but I see there is some demand for government issued PD coins.
What I am most intrigued of about palladium is it's unique electrical properties and uses in industry.
Were it a key component to some emerging tech,, along with it's low supply.... Well supply and demand may send the price of this commodity to the moon.
Gold VS Palladium
I like palladium
Edits : Clarity
It's all about what the people want...
It looks too much like silver which is far cheaper.
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Palladium does not interest me. Also, it is far removed from general interest, so liquidity (at least at this time) is very limited. Cheers, RickO
I like it, but like gold better. Indeed it's many times more rare than gold, if demand picks up the sky is the limit.
Rhodium once went to $10,100 an ounce!
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I like gold !!!
Palladium: Possible meltdown scenario in play?
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