PALLADIUM VS GOLD as an investment vehicle which is currently better ?

Discussion in 'Bullion Investing' started by mpcusa, Jan 10, 2023.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    And no this isnt a trick question, here are some of the facts, palladium is currently as of this writing @ $1,822.81 with an all time high which was achieved in March of 2022
    of $3,440,76, I found at one my favorite places no doubt at liberty coin galleries are
    selling palladium eagles for $2,345.55.

    In comparison GOLD is @ $1,834.77 with an all time high of $2,074 which was achieved
    in August of 2020, GOLD eagles are around $2,003 thats about the lowest price I could find, things change day to day, but will use that figure.

    So lets talk about premiums with a palladium eagle your looking at about $522.74
    with a GOLD eagle your looking at $168.23 you might think thats an easy answer
    but as shown above palladium has way more growth potential historically over GOLD
    by $1,366.76 per once ! if you factor in the additional premium thats still over a
    $1,000 !! at current levels, and that a no brainer !
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Heres my lone Palladium example, but definitely going to be buying more especially
    at these prices, I think once the war in Ukraine is over the levels will return to
    normal so a very good buying opportunity, at least in my opinion :)
     
    daniel a DiBiasio likes this.
  6. daniel a DiBiasio

    daniel a DiBiasio Well-Known Member

    I have both 20210918_142610 (1).jpg gold and palladium but much more gold.i think it's good to keep an assortment of gold ,silver,platinum a 20210918_142557 (1).jpg nd palladium to keep you covered.
     
    GoldFinger1969 and mpcusa like this.
  7. Mr Roots

    Mr Roots Underneath The Bridge

    You would need to use the gold high adjusted for inflation from 1980…..Then take a SGBP&SIUYA
     
  8. manny9655

    manny9655 Well-Known Member

    When looking at stuff like this, and wondering which is the better investment, you need to ask yourself, "Which metal is more in demand COMMERCIALLY." The answer to that is gold. Palladium has its uses and so does platinum, but gold is far more common and far more in demand than either.
     
    Joel Turner likes this.
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The current landscape in Russias ugly war against Ukraine is one of the reasons
    why Palladium has declined, so more of political reasoning then anything else
    but over all potential on growth has to go to palladium, Gold hasn't even come
    close to those figures mentioned earlier in this thread.
     
  10. Mr Roots

    Mr Roots Underneath The Bridge

    Do silver next, and remember to adjust for inflation.

    Back in 1980 I could buy 125 Taco Bell tacos for an ounce of silver…currently I can get about 15.
     
    GoldFinger1969 likes this.
  11. GoldFinger1969

    GoldFinger1969 Well-Known Member

    You're saying Tacos were $0.40 each ? I doubt they were that cheap though I didn't eat at Taco Bell back then.

    I also don't think comparing fast food with labor and raw material inputs to a commodity is an apt comparision. Interesting, but probably not good for forecasting.:D
     
  12. AdamL

    AdamL Well-Known Member

    I remember someone raving about how good of an investment palladium was back in 2006 or '07 when it was around $350 an ounce. Kind of wish I would have listened to that guy, but hindsight is 20/20.
    As for gold versus palladium right now, I feel like gold is safer, but palladium has higher potential short-medium term upside.
     
  13. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Palladium and platinum are susceptible to Russian/South African stockpile dumping. HIGHLY volatile.

    Plus...longer-term....you lose the catalytic converter demand as autos go EV.
     
    -jeffB and AdamL like this.
  14. Mr Roots

    Mr Roots Underneath The Bridge

    If you don’t know taconomics do you even understand money?When they opened in 1962 a taco was .19 cents, in 1989 they were .49 cents and the next year 1990 they went up to .59 cents.
     
    GoldFinger1969 likes this.
  15. desertgem

    desertgem Senior Errer Collecktor

    When I was in college in 1962, the Doughnut Palace was $ 1.00/doz glazed. Gas was 30cents a gallon. I worked for $2.00 an hour in the Dorm. 50 cents let you ride in a bus most of the day.

    Jim
     
    GoldFinger1969 likes this.
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Palladium is currently at $1,799 per once ! which is a great buy but for some reason the premiums have not responded in kind very puzzling indeed.
     
  17. Tall Paul

    Tall Paul Supporter! Supporter

    When I was active as a custom jeweler back in the 1970s and 1980s I would buy palladium setting and findings because they were less expensive than gold and platinum. Platinum was more expensive than gold back then as well. How things have changed.
     
    AdamL likes this.
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think if your a long term investor vs short term investor price real isnt an issue
    ow are high.
     
  19. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I don't consider any of those metals to be "investments" though gold is the closest.

    Platinum is losing a major demand source (autos) and palladium loses that too and is influenced by speculative stockpiles.

    I think gold will be the first to $5,000 FWIW.
     
  20. Clawcoins

    Clawcoins Damaging Coins Daily

    Long term Palladium?
    Weren't the US Palladium coins released in late 2017 at about $1,000k each. So there's only a 5+ year history of their value.

    I think gold still looks prettier. :)
     
    GoldFinger1969 likes this.
  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Palladium and platinum continue to melt down as it is clear that the auto ICE factor will continue to fade and thus impact 90% of the underlying demand.

    The entire white metals group is basically uninvestable aside from trading opportunities.

    Longer-term, I would not be surprised to see $500 an ounce for either or both.

    "The outlook for Platinum Metals Group looks weaker than consensus, with an Ebitda downgrade of up to 27% in our scenario. While we expect platinum to remain in deficit throughout the rest of this decade, palladium and rhodium will shift to surplus and stay that way for the foreseeable future. As the EV transition continues, the 90% of demand for palladium and rhodium that comes from ICEs will weaken demand for both metals."
     
    Tall Paul likes this.
Draft saved Draft deleted

Share This Page