Home› Precious Metals

What do you think of Palladium?

BigEBigE Posts: 6,949 ✭✭✭
in Precious Metals
Would you buy Palladium ounces for 6% back of spot?

Yes?

No?

------------------BigE
I'm glad I am a Tree

Comments

  • trozautrozau Posts: 3,455 ✭✭✭
    Yes.
    trozau (troy ounce gold)
  • ProofCollectionProofCollection Posts: 6,246 ✭✭✭✭✭
    I'm trying to figure out if it's worth acquiring right now, but about the cheapest I've seen 10oz bars is $230-$240/oz, which probably isn't too bad, but...
  • PreTurbPreTurb Posts: 1,193 ✭✭✭
    Absolutely
  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>Absolutely >>

    image

    Unfortunately, as with the rest of the PM's, most wholesalers have a 12 weeks waiting period before you receive your order. I for one, am not willing to wait 12 weeks.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>I'm trying to figure out if it's worth acquiring right now, but about the cheapest I've seen 10oz bars is $230-$240/oz, which probably isn't too bad, but... >>



    I'd grab those in a flash, if they are "in hand" with the seller.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>Would you buy Palladium ounces for 6% back of spot?

    Yes?

    No?

    ------------------BigE >>



    Need a link ... who is selling them at way below what they are going for..;..
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • GritsManGritsMan Posts: 2,599 ✭✭✭
    Palladium coins don't do much for me. Just too dull. Does anyone here actively collect them?
    Winner of the Coveted Devil Award June 8th, 2010
  • MetalsmanMetalsman Posts: 2,064 ✭✭✭


    << <i>Would you buy Palladium ounces for 6% back of spot?

    Yes?

    No?

    ------------------BigE >>



    PM me if you want to make a quick few $$ I'll buy at current spot! image limited offer time as my funds are buying metals NOW.
  • jmski52jmski52 Posts: 22,897 ✭✭✭✭✭
    Yes, but only if it were Maples.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BigEBigE Posts: 6,949 ✭✭✭
    jmski52, they were Maples, but I passed on them earlier before I posted. Maybe I won't next timeimage---------------BigE
    I'm glad I am a Tree
  • jmski52jmski52 Posts: 22,897 ✭✭✭✭✭
    jmski52, they were Maples, but I passed on them earlier before I posted. Maybe I won't next time---------------BigE

    BigE, when you say "back of spot", I take that to mean "less than spot". In that case, it was a bargain.

    I've been thinking about palladium, but it's had such a large premium over melt (sometimes as much as 50%) for awhile that I had pretty much written it off as a reasonable speculation. I haven't looked at the buy-sell spreads for a long time because the premiums are so high.

    Besides that, I'm just not a bar guy, and the Maples are really the only coin I'd consider.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • PerryHallPerryHall Posts: 46,228 ✭✭✭✭✭


    << <i>I've been thinking about palladium, but it's had such a large premium over melt (sometimes as much as 50%) for awhile that I had pretty much written it off as a reasonable speculation. I haven't looked at the buy-sell spreads for a long time because the premiums are so high. >>



    If you want to see a rediculously high premium for Palladium, check APMEX.

    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

Sign In or Register to comment.