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for all you PM big spenders........

DoubleEagle59DoubleEagle59 Posts: 8,308 ✭✭✭✭✭
in Precious Metals
Why not add another 'bar' to your collection?

currently on the market......

100 ounce Palladium bar

Info:

actually 93.90 ounces, as these Russian bars are not made exactly to 100 ounces.

this particular manufacturer is one of only two accredited Russian producers of Palladium. This bar is accepted world-wide.
"Gold is money, and nothing else" (JP Morgan, 1912)

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Comments

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    It is pretty neat--but unless you've got $100Ks to toss around, it's impractical.

    Just as a 1,000 oz silver bar is, and arguably a kilo of gold.

    In my middle-class opinion, big bars like that are like owning a Ferrari anywhere in the US.
    You can't drive over 75 mph anywhere that matters.


    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>It is pretty neat--but unless you've got $100Ks to toss around, it's impractical.

    Just as a 1,000 oz silver bar is, and arguably a kilo of gold.

    In my middle-class opinion, big bars like that are like owning a Ferrari anywhere in the US.
    You can't drive over 75 mph anywhere that matters. >>





    And if I had either a Ferrari or a gold kilo bar, i'd be spending WAY too many saturdays wiping either with a diaper!
  • ProofCollectionProofCollection Posts: 6,121 ✭✭✭✭✭
    It would probably be too hard to sell - you'd probably have to have it assayed before anyone would buy a bar worth over $40,000. Just buy 10 10oz bars.



    << <i>You can't drive over 75 mph anywhere that matters. >>



    Utah actually tested 80mph limits with success... but you did say the key phrase "anywhere that matters."
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>It is pretty neat--but unless you've got $100Ks to toss around, it's impractical.

    Just as a 1,000 oz silver bar is, and arguably a kilo of gold.

    In my middle-class opinion, big bars like that are like owning a Ferrari anywhere in the US.
    You can't drive over 75 mph anywhere that matters. >>



    I agree, I also keep in back of my mind I will need to sell these off some day. I will stick to smaller 5oz and less. With gold I like the fractionals when I can find them without a premium attached.
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    think about liquidity, easier to sell and find more buyers for lets say a 1/10, 1/2 and 1 oz gold eagle than a kilo or 100 oz gold bar.

    If I had a ton of money, I'd have lots of 1 oz, 5 oz, and 10 oz bars.
    Successful Buying and Selling transactions with:

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