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Your thoughts on Palladium

cjmezzcjmezz Posts: 467
in Precious Metals
What are your thoughts on Palladium? Good time to buy right now? Just looking to diversify my holdings a little bit (currently all gold and silver) and don't know a whole lot about Palladium, so I thought I would entertain some ideas...THANKS!
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Comments

  • jmski52jmski52 Posts: 22,826 ✭✭✭✭✭
    Didn't Norseman88 just sell his palladium holdings off? My opinion is that palladium will be a good investment over time, although I wouldn't hazzard a guess as to whether or not it is a good investment right now.

    I don't own any, but I like it. Does that make sense?image
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  • bestmrbestmr Posts: 1,777 ✭✭✭
    Palladium discussion I wouldn't mind buying some but it would be for long term. I think once fuel sells become popular and can last longer, palladium should go up in cost. As for good time to buy, I have no idea. It's very volatile.
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  • PreTurbPreTurb Posts: 1,193 ✭✭✭
    Loved it at $230. Now? Much more downside risk in the short term IMO. However, long term I think is very good. That being said, I'll hold out and try to buy under $400.
  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭
    Palladium and silver are an excellent compliment to gold. I highly recommend! Is it a good time to buy right now? Who knows? When you do feel the time is right, I would cost average with palladium and buy a little at a time, because like some have said its extremely volatile. Also I would personally stick with 1 oz bars.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I know nothing about palladium but browse like 10-30 pages back in the pm forum and you will see some posts on its uses and then you can decide if it might take off.
    Seems interesting but I will stick with good old gold and silver as those two metals have continued to be used for thousands of years image
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  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Should start to Bloom in the near future.image
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>Should start to Bloom in the near future.image >>



    I hope your guess, turns out to be correct.image
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  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    I liked it better at $230 than at $400. But I still like it.
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  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>I liked it better at $230 than at $400. But I still like it. >>



    IF renman95 is correct, I think you're gonna like it even better at $500+ before the e/o this year.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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