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GotTheBugGotTheBug Posts: 1,629 ✭✭✭✭✭
edited August 22, 2019 11:16AM in Precious Metals
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  • bronco2078bronco2078 Posts: 10,229 ✭✭✭✭✭


    Awful red headed stepchild of the PM world. Huge spreads , illiquid market , run don't walk away from palladium .

  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    Palladium is less liquid, although spreads are reasonable from what I have seen. I tend not to look into it since it isn't classified as a "precious metal" in Canada, so there is sales tax on it. Whereas pure Gold, Silver and Plat are exempt.

    Rhodium is the one with massive spreads, hugely illiquid, etc.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • derrybderryb Posts: 36,836 ✭✭✭✭✭

    Natural forces of supply and demand are the best regulators on earth.

  • trozautrozau Posts: 3,455 ✭✭✭
    I have done okay with my limited purchase. Bought 5 and sold 2 at a coin show to fund a purchase. Just make sure your bulk is in gold or silver.
    trozau (troy ounce gold)
  • MsMorrisineMsMorrisine Posts: 33,097 ✭✭✭✭✭
    Bought a pd leaf maybe $10-$15 over spot shipped via one of the bucks deals.

    I bought one. It seems to move wildly with the impressions of the economy and with PM prices.

    When it was over $900/oz recently the rage was about Russia and dwindling stockpiles. Negative $125 later, where is the price support from that? It seems more like a gamblers metal than AU, Ag, or Pt.

    I'd rather have pt than pd in any quantity over 1 or 2 oz.


    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭
    the large spreads are a function of the relative lack of liquidity.

    Looks like silver but way more expensive, however less dense then platinum and doesn't glitter like gold.

    You'd have to time a pretty nice move just right just to break even getting in and out, never mind a profit, and what kind of scale (# oz) are you going to spend the time to make the endevor worthwhile?

    like others have said, buy a few ounces for your collection in the pretty shape you prefer, but for a play on the cyclical auto/other high tech sector, trade the paper Pd, imo

    Liberty: Parent of Science & Industry

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