Gold and Silver Fall in January as Palladium Soars; U.S. Mint Bullion Sales Jump

Discussion in 'Bullion Investing' started by Cinco71, Feb 2, 2022.

  1. Cinco71

    Cinco71 Well-Known Member

    How do you all feel about how bullion did in January?

    Gold and Silver Fall in January as Palladium Soars; U.S. Mint Bullion Sales Jump

    Link to the article
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Don’t call palladium values soaring it’s
    over all value has dropped substantially
    over the course of the last few months
    as it was well over $3,000 an once
    now it’s $2,300 so big decline.
     
  4. -jeffB

    -jeffB Greshams LEO Supporter

    That was my first reaction, too -- but it has just erased all its losses since last September.

    upload_2022-2-2_21-59-37.png

    Will it go up for a while longer, or sink again? Who knows?
     
  5. Two Dogs

    Two Dogs Well-Known Member

    What I've learned in the last 40+ years regarding bullion prices is that tomorrow it may go up, may go down or may stay the same.
     
    harrync and chascat like this.
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    yeah, was thinking of pulling the
    trigger on palladium back when it
    was over $3,000 though it may have
    made some gains back, if the trigger
    was pulled I would now have a empty
    gun…LOL
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Let me get my crystal ball out..LOL
    and will let you know what tomorrow
    will bring..LOL
     
    Two Dogs likes this.
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  9. daniel a DiBiasio

    daniel a DiBiasio Well-Known Member

    I only have a one tenth ounce palladium round. If i had the money i would buy more.I think once the chip shortage levels out that palladium will take off again, theres also the conflict with Russia that will push it up.I just wish the U.S. Mint would produce smaller ounce rounds besides the expensive 1 ounce ones.
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Yeah, it would be nice if they made the same sizes for gold, but I think the issue
    there is popularity and volatility, like my mother in law massive mood swings...LOL
     
    slackaction1 likes this.
  11. chascat

    chascat Well-Known Member

    Almost sold my PD yesterday, but the greed set back in...probably will regret not selling.
     
  12. Mr.Q

    Mr.Q Well-Known Member

    Enjoy today, hope for tomorrow, leave what's left to your heirs.
     
    Two Dogs likes this.
  13. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    Some Gold Stock/Bullion Research:
     

    Attached Files:

    -jeffB and fretboard like this.
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think the safest bet is GOLD just allot
    more pretty the palladium :)
     
    chascat likes this.
  15. Tall Paul

    Tall Paul Supporter! Supporter

    In the 1970s and early 1980s I worked as a custom jeweler. I would buy palladium settings because they were about a third of the price of white gold ones. I should have laid in a stockpile.
     
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Dis you manage any at all ?
     
  17. -jeffB

    -jeffB Greshams LEO Supporter

    I keep thinking about all those class-ring alloys that were made with palladium because it was so much cheaper than gold or platinum. There have to be a bunch of those floating around.
     
    GoldFinger1969, Tall Paul and mpcusa like this.
  18. Tall Paul

    Tall Paul Supporter! Supporter

    I still have a small jar of mixed pieces of scrap. Someday I'll send it off to a refiner.
     
Draft saved Draft deleted

Share This Page