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Better to invest in gold or platinum?
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<p>[QUOTE="buyingsilvers, post: 1479985, member: 18821"]^</p><p>Guess I should clarify. Platinum isn't nearly as bad as palladium in terms for sale. </p><p><br /></p><p>For platinum/palladium bullion bars, you'd probably net behind spot. Big dealers usually are at a discount for those, especially the large ones. If you're talking PAEs, you'd probably get somewhat of a premium on sale, but you'd be buying at a much larger premium. Because gold and silver are more liquid, the spread is a lot tighter. Platinum and palladium tend to sit, therefore dealers demand a higher price on sale over spot and pay less when they buy.</p><p><br /></p><p>Best pricing on those products may be from ebay, assuming you can make enough to cover their 12% fee to wind up with spot.</p><p><br /></p><p>Don't get me wrong, there is nothing wrong with holding some of your metals (or all of them) for that matter in platinum or palladium. And I do own some of each. It's all a matter of opinion. </p><p><br /></p><p>Palladium's been sitting at around $600 for a while now, but back when it was dipping below $300, it was a GREAT buy, and the price shot up incredibly fast from there. At $1400, platinum may currently be a great buy considering that it's normally above the price of gold. The fact that gold is, and has been above platinum for a while speaks to the interest in it given the world's current economic/debt problems. Plat & pall industrial demand is tied to automobile catalytic converter usage, and not so much as monetary demand as is gold and silver.[/QUOTE]</p><p><br /></p>
[QUOTE="buyingsilvers, post: 1479985, member: 18821"]^ Guess I should clarify. Platinum isn't nearly as bad as palladium in terms for sale. For platinum/palladium bullion bars, you'd probably net behind spot. Big dealers usually are at a discount for those, especially the large ones. If you're talking PAEs, you'd probably get somewhat of a premium on sale, but you'd be buying at a much larger premium. Because gold and silver are more liquid, the spread is a lot tighter. Platinum and palladium tend to sit, therefore dealers demand a higher price on sale over spot and pay less when they buy. Best pricing on those products may be from ebay, assuming you can make enough to cover their 12% fee to wind up with spot. Don't get me wrong, there is nothing wrong with holding some of your metals (or all of them) for that matter in platinum or palladium. And I do own some of each. It's all a matter of opinion. Palladium's been sitting at around $600 for a while now, but back when it was dipping below $300, it was a GREAT buy, and the price shot up incredibly fast from there. At $1400, platinum may currently be a great buy considering that it's normally above the price of gold. The fact that gold is, and has been above platinum for a while speaks to the interest in it given the world's current economic/debt problems. Plat & pall industrial demand is tied to automobile catalytic converter usage, and not so much as monetary demand as is gold and silver.[/QUOTE]
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