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Platinum or Palladium, if you had a choice which one would you invest in?
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<p>[QUOTE="moneycostingmemoney, post: 2815023, member: 86367"]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. </p><p><br /></p><p>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. </p><p><br /></p><p>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. </p><p><br /></p><p>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. </p><p><br /></p><p>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. </p><p><br /></p><p>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). </p><p><br /></p><p>Good luck with whichever way you go bro.[/QUOTE]</p><p><br /></p>
[QUOTE="moneycostingmemoney, post: 2815023, member: 86367"]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.[/QUOTE]
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Platinum or Palladium, if you had a choice which one would you invest in?
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