Platinum vs Palladium.

Discussion in 'General Precious Metals Discussion' started by wilspeak, Dec 3, 2018.

  1. wilspeak

    wilspeak New Member

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    I am interested in buying some Platinum bars. I wanted to know what anyone thinks of Platinum vs Palladium ? Which is the best investment? Thank You
     
  2. Ian Gillman

    Ian Gillman Active Member

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    What do you think you will be able to sell later? Is there more of a market for one over the other?
     
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  3. wilspeak

    wilspeak New Member

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    I thinking about that
     
  4. Ian Gillman

    Ian Gillman Active Member

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    My own personal opinion is that Platinum has a much more established market base and is likely to be easier to sell later. I have more platinum than palladium for just that reason.
     
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  5. ozcopper

    ozcopper Administrator Staff Member

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    Platinum has more upside potential than palladium in my opinion.
     
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  6. wilspeak

    wilspeak New Member

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    Thank You , I am taking your PM Course.
     
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  7. alor

    alor Well-Known Member Silver Stacker

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    if you are happy to keep them in vault with the dealer, then Palladium would be the one to move first
    since you can not take it out, selling them back online would be as easy as buying it

    but if you want to slowly buying and keeping them, Platinum would have a much better performance over longer period of time

    now Palladium cost $400 per ounce more than Platinum
    Gold and Palladium is near parity

    Pt is at support
    Pd is at resistance

    just by looking at the change each day, the best mover is 1.Palladium, 2.Gold then 3.Platinum

    ? to ask. is the bear market for Platinum going to end soon
    is the Bull market in Palladium going to continue ?
     
  8. SlyGuy

    SlyGuy Active Member

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    Gold or silver :)
     
  9. alor

    alor Well-Known Member Silver Stacker

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    $10 to Au : Pd parity
     
  10. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    What industrial uses are there for palladium other than catalytic converters and spark plugs?

    What will happen when the world goes electric, platinum still has jewellery and in jewellery platinum still has a perceived higher value over gold by the biggest consumers aka females.

    Note: pretty sure there are others uses but those are what I know
     
  11. leo25

    leo25 Well-Known Member Silver Stacker

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    I've only recently become aware of how much women value platinum in jewellery. It's got a surprisingly high status, much higher then gold. I doubt many of them know Platinum cost a fair bit less then gold. :)

    Platinum is for sure the better investment going forwards over palladium.
     
  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I did some research on this when pt was around $780. Pt jewellery is more expensive because it is used in higher percentage (like 95%) as compared with gold which is often mixed with a lot of base metals (~20%). On top of that, Pt is denser than gold so more Pt in weight is required to create the same size gold wedding band.

    Overall, Pt may compete with gold if cheap enough because white gold is popular among east asians.
     
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  13. alor

    alor Well-Known Member Silver Stacker

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  14. alor

    alor Well-Known Member Silver Stacker

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    have to disagree on the last point, it is possible for Pt to drop another 50% from 800 to 400, while Pd to double from 1000 to 2000
    then reverse the relations, so it is good to swap around if we have the opportunity

    right now the only metal that move like a precious metal is Palladium $20+ a day move
    Platinum moves like 50 cents

    must consider all possibilities
     
  15. alor

    alor Well-Known Member Silver Stacker

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  16. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Platinum is bees knees for all females from every corner of the world over.
     
  17. leo25

    leo25 Well-Known Member Silver Stacker

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    It sure is possible. It is also possible that palladium drops 50% while platinum doubles in price. All i can tell you is atm palladium is over valued, but what i can't tell you is when it will correct. Best you can do is flip a coin.

    Anyway for me looking at these charts and understanding the use case for both metals, i would be much more comfortable buying platinum over palladium. Having said all that, i don't own either. (well i do have 1 platypus coin)

    plat chart.jpg
     
    Last edited: Dec 5, 2018
  18. leo25

    leo25 Well-Known Member Silver Stacker

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    Unfortunately they don't seem to like it as a coin. :( oh well i guess that's one for me then :)
     
  19. alor

    alor Well-Known Member Silver Stacker

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    what if Russia release 5% into the Pd market again? just like the last time.
    both Pd and Pt would crash further lower, there would be no profit to make.
     
  20. alor

    alor Well-Known Member Silver Stacker

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    well I want to switch from Pd to Pt
    so that my coins would double on the way up. and ride the wave up on Pt later on.
     

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