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.
0
Comments
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.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Aircraft spark plugs are the way of the future. I give it 2 thumbs up for space force.
Best place to buy !
Bronze Associate member
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!
My YouTube Channel
I like gold !!!
Palladium: Possible meltdown scenario in play?
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong