Nobody mentions palladium...and fair gold buying pricing

[bdxample]

I don't see Palladium being mentioned very often, yet the price is fairly high IMO.
Is it difficult to liquidate?

Also I am starting to think about buying gold for profit. Is 75% of spot (based on Karat weight) a fair price to give or will I just end up offending people?

 

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[mts]

I've never bought any palladium. All I know is that there was a guy locally trying to sell some on CL last year and I'm not sure he ever did. He kept posting the same bars over and over again for three months. The price he was asking was decent but there were no takers.

But I think that palladium is getting more popular. One measure that I tend to look at is the ratio of buy price to sell price on sites like APMEX. For gold the buy price is 97% of retail and 100% of spot. For palladium, the buy price is 94% of retail and 98% of spot. This tells me that they probably believe that there is less profit in palladium or perhaps less demand. What I will say though is that these percentages have definitely improved over the past year or so. The buy price of palladium was only about 89% of retail last year when the guy on CL was trying to sell his. So that is probably a good sign.

But like I said before, I have never bought any so my advice is worth exactly what you paid for it.

 

[spanish hill hunter]

I have been buying Palladium...I have a bunch of 2005 Canadian Maples and several PAMP bars as well...It`s imperative you realize what 99.9999 of the public doesn`t know...HR 6166 The AMERICAN EAGLE PALLADIUM BULLION ACT was passed in the fall of 2010...Minting is scheduled for this summer.....I expect spot prices to really ramp up when the public becomes more aware of this precious metal....I EXPECT JP MORGAN will try to steer a lot of folks toward Palladium so they can escape there short positions in silver without going totally shitcan.....There are a bunch of great videos on youtube exposing JP MORGANS massive silver short and how they are doing everything they can to bring down silver prices....I wouldn`t doubt one bit they were a driving force getting PALLADIUM a minted coin starting this summer in an attempt to stop this silver onslaught......One guys opinion..

 

[mts]

I have been buying Palladium...I have a bunch of 2005 Canadian Maples and several PAMP bars as well...It`s imperative you realize what 99.9999 of the public doesn`t know...HR 6166 The AMERICAN EAGLE PALLADIUM BULLION ACT was passed in the fall of 2010...Minting is scheduled for this summer.....I expect spot prices to really ramp up when the public becomes more aware of this precious metal....I EXPECT JP MORGAN will try to steer a lot of folks toward Palladium so they can escape there short positions in silver without going totally --deleted--can.....There are a bunch of great videos on youtube exposing JP MORGANS massive silver short and how they are doing everything they can to bring down silver prices....I wouldn`t doubt one bit they were a driving force getting PALLADIUM a minted coin starting this summer in an attempt to stop this silver onslaught......One guys opinion..

Have you noticed any differences in demand for palladium since last year? Like I said above, APMEX is offering to buy it at higher ratios to the spot price. Last year they acted like they really weren't that interested in buying it. Perhaps the palladium eagles that will be coming out soon are the reason why APMEX seems to be more interested this year than last.

 

[Bobbypins]

Palladium (being a platinum group element), has a lot of the characteristics that platinum has. At this point, it's significantly lower in price than platinum, so that makes it a good substitute for industrial purposes.

I collect Palladium maples as well.... 2005 and mostly 2007. You get the price appreciation of a collectable coin, and any appreciation in bullion value as well.

 

[spanish hill hunter]

I just visited the APMEX site...THEY ARE SOLD OUT OF 10 OZ CREDIT SUISSE AND PAMP PALLADIUM BARS !!!!!!....They are also SOLD OUT of kilo bars....A near 50 dollar premium over spot is being demanded for 1oz palladium maples of all years(A bit more for 2005s).."Somethin tells me I`m into somethin good"..........

 

[spanish hill hunter]

I forgot to mention that PALLADIUM was up 40 bucks an oz this week to 789.00 !!!!!.....If it is ever confirmed that the Russian supply is exhausted (as is being rumored by metals specialists) the move could be parabolic....They currently have nearly 45% of the market to the automakers with S. Africa being a close second....

 

[Tuberale]

Palladium is rarer than platinum, but often used as a substitute for platinum. Logically, the price should be more than platinum. But platinum has more generally accepted uses at this time. The big use for palladium comes from possible use in nuclear fission and power production. Platinum doesn't work with that process. Palladium may work is certain situations and certain purities.

Both are by-products of gold and silver extraction.

 

[spanish hill hunter]

Palladium at 834.00 !!!!....Somethin` tells me I`m into somethin` good......