Platinum & Palladium parity soon

Discussion in 'Platinum' started by leo25, Jun 27, 2017.

  1. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    $914 for both Pt & Pd price
     
  2. Seven of nine

    Seven of nine Active Member

    Joined:
    Mar 16, 2017
    Messages:
    126
    Likes Received:
    80
    Trophy Points:
    28
    Has anyone noticed Rhodium heading upwards? It may be just a one-off, but then again it won't hurt to keep watching it. Shame I haven't got any though.
     
    JOHNLGALT likes this.
  3. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
    Hadn't noticed, but Baird & Co sell through this site sponsors - as below.

    Rhodium.jpg
     
    Seven of nine likes this.
  4. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
  5. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
  6. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    just like the parity issue

    100 Yuan Pd Panda is 1/2 oz 2004
    50 Yuan Pd Panda is 1 oz 1989
    $40 Emu is 1 oz 1995
    $25 Eagle is 1 oz 2017

    Pt platypus is $100
    Pt eagle is $100
    Pt maple is $50
    Pt phil is Euro 100

    they are just face values
     
  7. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    was the 10% gst got any thing to do with past sanctions on the Soviet ?
     
  8. Coins A-Z

    Coins A-Z Active Member

    Joined:
    Apr 12, 2017
    Messages:
    202
    Likes Received:
    60
    Trophy Points:
    28
    Palladium is underpriced if we are in the midst or beginning of a bull market for this metal....which seems to be the case going by some reports.

    It's not so different than when silver was at around $25 at around this time in 2010...one may have assumed, at that moment in time, that it was overpriced but it was underpriced considering that it just about doubled in value within 7-8 months.

    It's all about perspective.
     
    JOHNLGALT likes this.
  9. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia

    Coins A-Z It's not so much about your comment. I found your Channel under your name & you said you would like feed back etc.
    Well, now I know where to look, I'll go there and check out your videos. etc. Cheers, from Down-Under in country Victoria. _JLG.
     
    Coins A-Z likes this.
  10. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
    Scarcity and usefulness should dictate price in FREE markets. _JLG
     
    Coins A-Z likes this.
  11. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    we have free a market for oil for so long, it was 50 cents per barrel when purchased with a silver quarter 90%

    we still have free market today,

    but the biggest consumer and producer have changed over the last 40-50years

    long live the free market
     
  12. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    pd on the run

    [​IMG]
     
  13. fltacoma

    fltacoma Member

    Joined:
    May 22, 2013
    Messages:
    428
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    United States
    I have also been looking into the whole Palladium vs. Platinum for a while. The only Platinum I own are three 1/10 oz American Eagles. I wouldn't be a buyer for any of the two metals. My reasoning being that since more car companies are going to jump on the electric bandwagon, which would mean a death cross for the metals since the majority of Platinum is used for diesel engines, and a large stake of Palladium is primarily used for gasoline engines. I don't think there is enough demand in the jewelry industry to support those prices medium/long term. Once the prices cool down a little bit, I will more than likely own a Palladium eagle just to showcase as a collectible instead of a metal.
     
    Seven of nine likes this.
  14. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
    Still LARFIN' about the difference between the two.
     
  15. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    next few months may be the time to unload the high price gain from some metal like Pd to enter the new bit coin, that are backed by something
     
  16. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
    Anyone?

    If I invest in Platinum or Palladium, how do I know that it is the real article considering that we are late in the game of 'REAL MONEY'

    Baird & Co seem to be a trusted source, but given the London shenanigans with precious metals, who can we trust? _JOHNLGALT.
     
  17. Seven of nine

    Seven of nine Active Member

    Joined:
    Mar 16, 2017
    Messages:
    126
    Likes Received:
    80
    Trophy Points:
    28
    Wasn't Palladium used because it was cheaper? Now that it has surpassed the price of Platinum I would assume the auto industry should start using Platinum again in the near future? And if that happens the prices of the two metals should reverse Plat higher and Pallad lower. Just a thought
     
    leo25 likes this.
  18. Seven of nine

    Seven of nine Active Member

    Joined:
    Mar 16, 2017
    Messages:
    126
    Likes Received:
    80
    Trophy Points:
    28
    John, just buy from reputable dealers and get yourself one of the sigma devices - you should be okay
     
    JOHNLGALT likes this.
  19. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,327
    Likes Received:
    842
    Trophy Points:
    113
    Location:
    Country Victoria Australia
    7 of 9 , thanks for the tip.
     
  20. fltacoma

    fltacoma Member

    Joined:
    May 22, 2013
    Messages:
    428
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    United States
    In regards to Platinum vs. Palladium, they have different catalyst properties. The only thing that can help the price of both would be the mining strikes continuing to linger in South Africa at this current point in time.
     

Share This Page