Platinum or Palladium, if you had a choice which one would you invest in?

Discussion in 'Bullion Investing' started by mpcusa, Aug 2, 2017.

  1. mpcusa

    mpcusa "You break it you buy it" Supporter

    Well the time has come to add another 1 OZ coin to the hoard, but which one ? i have several Gold coins but would like to stay diversified and not put all my eggs in one
    Basket, so i was thinking about adding a Platinum or Palladium coin. there are several
    choices in platinum such as the APE but in Palladium you really only have two either
    The Russian or Canadian offering, i really dont care about the fancy design more about
    The bullion content then anything else.

    So i would like to hear your recommendations and why ?

    Thanks for your input :)
     
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  3. sakata

    sakata Devil's Advocate Supporter

    Right now they are close to parity. A few years ago platinum was worth several times palladium. That tells me that, relatively speaking, palladium is overprices and that platinum is probably the better deal. However, I have no intention of buying either as I think they are not as good as gold and silver.
     
  4. Deserttaxguy

    Deserttaxguy New Member

    Check out the Palladium price charts, and compare to the other metals. Its at or near its 5 year high. Wish we would have bought some in end of Oct, '16 when it was down to $623. I think that we missed that move. Gold, Silver and Plat appear to still be hovering at near the 5 year lows..
    I'm going to keep accumulating those and watch for more of a dip in the Palladium prices. Its definitely got my attention though too.!
     
  5. Clawcoins

    Clawcoins Well-Known Member

    I like Platinum

    But Palladium is also used in Fuel Cells which at some point may be more used than it is now.
     
  6. As electric cars take over the need for Platinum will be reduced.
    I vote for palladium.
     
  7. Speedbump

    Speedbump Not a New Member

    The US Mint will start palladium eagle sales in September according to Coin World's web site.


    Fuel cell technology is nowhere near where it needs to be to make a meaningful impact on the PGM market, at least for the foreseeable future. They don't actually solve any problems and require a new logistical support network that only exists in very small markets and is quite expensive to build. Batteries are where its at unless someone comes up with a more efficient way to make, transport, and store hydrogen.


    Platinum is used mostly for diesel engine catalytic converters, while palladium is used mostly for gasoline engines. A drop in ICE powered vehicle demand will impact demand on both metals. If you believe that electric cars will start to suck sales away from ICE vehicles on a larger scale, then perhaps stock in mining companies that pull lithium, cobalt, copper, nickle, and aluminum from the ground is a better choice than PGMs. Companies that specializes in mineral recovery may also perform well in the not to distant future.
     
    mpcusa likes this.
  8. mpcusa

    mpcusa "You break it you buy it" Supporter

    Yeah, i was looking at the charts, right now its at $895.75 so it looks to be trending up, but it can have wild up,s and downs, have seen swings $30 each way so it,s
    Very hard to predict, but for sure it can be a money maker.
     
  9. mpcusa

    mpcusa "You break it you buy it" Supporter


    Thank,s for the heads up speedbump on the U.S offering in palladium, do they
    Have design posted of the new coin ? i might just hold off and wait as the Palladium
    Offerings are a bit on the limited side, but i can bet there will be a huge premium
    being a new coin and all.
     
  10. mpcusa

    mpcusa "You break it you buy it" Supporter

    I actually saw a chart going back to 2010, (i will try and find it again and post it )
    That shows the following results percentage wise on which PM,S performed the
    Best and the ones that were the worst in that same time period, the results may
    Shock you, was kind of surprised my self, if memory serves me correct

    Palladium + 33%
    Silver + 15 %
    Gold + 12 %
    Platinum - 03 %

    So based on that maybe platinum not the best, it all depends on how much stock
    You put in to the data.
     
  11. Speedbump

    Speedbump Not a New Member

    Just google "2017 palladium eagle". There is pleanty of stuff on it. Bullion version this year, proof version next year. It will have the Mercury dime liberty design.

    Premiums will probably be on par with the platinum eagle. There will likely be an initial rush for first issue slabs and other nonsense, but don't expect it to last long. Remember that investment makes up a tiny fraction of total PGM demand.

    What I don't understand is, PGMs are among the rarest elements on the planet and have very unique physical properties that makes them very desirable in practical uses where there are no substitutes. It seems wasteful to make coins out of the stuff...
     
  12. sakata

    sakata Devil's Advocate Supporter

    I could not tell you when exactly, but around the time gold first reached $1000 platinum was well over $1000 and palladium was less than $400.
     
  13. mpcusa

    mpcusa "You break it you buy it" Supporter

    looks, as of late the roll is being reversed, keeping a close eye on the two, there has
    Just been roughly around a $50 dollar difference for along while now so i think palladium is poised to take the spot of second fiddle to Gold sooner rather then
    Later and i think it will eventually happen regardless of the naysayers !
     
  14. sakata

    sakata Devil's Advocate Supporter

  15. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    Purchasing new PM products from the mint costs a lot extra in premiums. I would stick with close to spot PMs for investment purposes. Remember, you need to have someplace to liquidate at some point also. But it is your money... your decision.
    Good luck with your choice.
     
  16. nameless

    nameless New Member

    I locked in some PAMP 1oz bars last month when the spot price was at 901. Even with the premium I'm above what I paid. Interesting year to make some platinum investments or get a nice bar or coin for a good price.


    Sent from my iPhone using Tapatalk
     
  17. mpcusa

    mpcusa "You break it you buy it" Supporter

    Several sites are now advertising the coin for a September release date
    That would be the APAE, i think the premium will exceed the Maple leaf
    And come close to the Russian Offering, which is really out of sight !

    Even though not super important, i really dont care for the design, i think
    They could of come up with something better :) but will still consider it.
     
  18. moneycostingmemoney

    moneycostingmemoney Yukon Coriolis

    I got into palladium combi bars when a ozt was around 675, and 1g Pd was about the same as 1ozt of Ag. I broke it up, sold them as grams stapled in 2x2s and made out on the venture. It's some work, but you get your premium paid, baypal fees and a nice profit in turn. However I never ventured into it long term.

    It sounds like you plan to add these to your stash? If that's the case my opinion would be to go platinum long term. I think it's priced right now.

    Platinum was over gold when there was hype to push it upwards. At that time the average consumer went Hollywood- the marketing of jewelry made platinum more desirable than gold. What records have sold the most? "Goin platinum, baby." The Kay's and Littmans and Tiffanys commercials died down, as did its "value." The market became saturated and the correction began.

    There are actual industrial needs for both palladium and platinum like other posters mentioned, but I don't think that really drives the short term market. I would study those neccesities because they give the spikes/steep uptrends support when they fall. That would give an idea of long term profitability.

    I'd ask myself why I want to venture outside of Ag and Au. I did it to get into something different. Not too many people were selling palladium and it seemed to be gaining the illusion as a lateral investment to the common PMs with less mass than Ag, but more affordable that Au. I remember the eBay searches bringing less than 50 hits and people were paying the premium for it. Why not I thought.

    If you decide on palladium Canuck maples have been out for a while. Some other countries for much longer than that. You may be able to get random dates for lower premium if you like the govt issued stuff. I went bullion because what I found suited what I wanted to do well and if I went back to the "other" PMs I'd probably just stack maples and US minted stuff (once the premiums died down).

    Good luck with whichever way you go bro.
     
  19. mpcusa

    mpcusa "You break it you buy it" Supporter

    Since my whole stash is long term at least 10-15 years before selling anything
    I am trying to stay as diversified as possible investing in all sorts of PM Govt Issue
    Coins, rounds and bars, i am using Silver as my monthly stock pile, since its so cheap, buy one 10 OZ Bar and about 30-40 ASE,S and then i try and pump in a 1/10 OZ AGE, last month i was able to go all out and bought a 1 OZ Gold Queens
    Beast (Red Dragon) a great addition :) i do however favor the Krugerrand at it,s
    Usually the best option on price with the lowest premiums.

    Back to the Palladium, Platinum question, the U.S is coming out with its own coin
    Which i think is a fantastic idea and long overdue, so i will most likely wait until
    September when it comes out, but as with most people i am an investor so a little
    Concerned about the premiums they will be charging especially with something
    New like this coming out, but i do like bars as well, so all needs to be considered.
     
    moneycostingmemoney likes this.
  20. Deserttaxguy

    Deserttaxguy New Member

    American Platinum Eagles have been out a while.. JM Bullionand APMEX have them now in stock, and they go back years. In full OZ and halfs, and dimes.
    Whats the "new" coin mentioned in the thread?
     
  21. Johndoe2000$

    Johndoe2000$ RE-MEMBER

    Palladium Eagles.
     
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