WHAT IS THE BIGGEST BANG FOR YOUR BUCK? Silver, Gold, Platinum, Palladium, Other?

Rhodium's fall signaled the "next" deflationary leg is underway, I suppose, with S&P ugliness delayed to arrive in late 2012-mid 2013.
I also read the record-sale of Gerhard Richter's painting for $34.2 mln as PROOF of irrational exuberance and e-z money is still running this game. And there's no bad news priced in (despite the ever-awful economy) - hence, SET FOR A FALL.

I would NOT be surprised to see Gold drop -25% and Silver drop -35% should the stock market plunge -40% within the next 18 months. So: a discounted buying opportunity for PMs starts in February, March at the earliest? Dollar-Cost-Averaging into the LOWS (say, Gold @ 1500 - 1650) is the way to incrementally buy in with discipline.

Just my two cents.

 

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You should also be prepared in the event all of those minus signs turn to plus signs in the coming months. "Everybody" knows that bad times are ahead except for one thing. Expectations are already built into market prices so gold, silver and stocks may not fall even if economic forecasts are correct.

 

Cloudsweeper99-
I'm not bearish on PMs medium-long term, but 'bad times' are in NO WAY priced into this (stock) market. When GLD starts tanking with stocks & hedge fund liquidations, the POG will likewise. Have you heard about Taxmaggeddon? There's no Haily Mary Rally in the cards now, sorry. It's high time to hedge your stash with UGL or some other PM Inverse ETFs.

Things are much worse than either Mittens or BHO let on - and I've lived under both, neither know what to do. This looks more like 2007 than 2009 to me chief, but YES I HOPE I'M WRONG.

 

You may be correct. Time will tell. I stopped guessing at market moves a long time ago and instead just react to what happens, taking advantage of any bargain prices created along the way, and selling into the eventual return of optimism.

 

Interesting thought if money starts shifting out of individual PM stockpiles into unique status items.

 

Apmex has their choice 1 oz palladium bars for 19.99 over, 14.99 over if you buy 10. Tulving is cheaper but minimum is 20 i think.

Provident is about the same price as Apmex, I could go on and on. I guess that isn't super close to spot but its only about 5% over, not too ridiculous.