is it a no brainer to buy palladium for $10 under spot?

Discussion in 'Bullion Investing' started by 9guns, Oct 31, 2010.

  1. 9guns

    9guns Junior Member

    i have a chance to buy 5 pamp suisse bars for $10 under spot at $638 a bar. should i do it, if i am i need to make a decision in aq coupe of hours.
     
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  3. Derekg

    Derekg Member

    not sure what those are but if you can easily make $50 profit why not? Maybe just buy them and sell em $5-10 over spot so you can double your profit(if your trying to sell it right away) or invest it.
     
  4. Copper Head

    Copper Head Active Member

    If you have the money and you have the chance then do it. If you don't, later you'll wish you had.
     
  5. Prestoninanus

    Prestoninanus Junior Member

    I don't know, it sounds too good to be true. Palladium usually sells for quite a hefty premium over spot in my experience...
     
  6. 9guns

    9guns Junior Member

    well i eded up passing on it but pulled the trigger on 5 bars today for $662 a pop, $22 under spot but $24 more a bar than i would have paid if i'd done it holloween eve.
     
  7. Evom777

    Evom777 Make mine .999

    Good pull.....any time You can grab palladium for even 50 cents under spot is a good day. : )
     
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