Platinum vs Palladium.

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

  1. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Rhodium still unbelievably strong.
     
  2. slavaja

    slavaja Well-Known Member Silver Stacker

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    Yeah but no buyers.
     
  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Just ordered another oz of pt. Decided not to buy silver unless I can get lower premiums.
     
  4. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Platinum is a no brainer, it's cheap, very cheap.
    Many folk have been saying that Platinum has had it's day due to the rise of the electric car industry but, the demand for neodymium is very high; the Chinese don't even have enough supply to keep up with their production needs so, imo, the electric car industry has a lots of hurdles.
    So when you consider the time it takes to find rare earth deposits, and to get those mines into production, your looking at a very lengthy period.
    With the downturn in the supply chain due to the virus and the pending collapse of many industries we could see very cheap platinum prices which of course could mean a buying opportunity. Same goes for silver. :)
     
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  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    In my opinion, platinum is cheaper than even silver. What can you get that doesn't tarnishes, weighs more than gold, is very hard, has very high melting point, is rarer than gold or silver and has no possibility of dilution or bankruptcy (as in stocks).

    The reason why platinum is cheap is because they are mining it like crazy to get the fractional pd and rh "by product". Do you know for every ounce of "platinum" ore refined, the rhodium content sells for more (revenue) than the platinum content? They could give away the platinum portion for free and still make a lot of money from the rhodium and palladium content.
     
    Last edited: Mar 13, 2020
  6. minimilled

    minimilled Active Member

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    One question for platinum is the percentage loss and gain in a metal which is relatively scarce compared to silver

    It is one to watch and given the situation at hand it may go lower, notwithstanding ”fiat bazookas”

    In the longer run, it is rare, as long as you are alive long enough.
     
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    There's always demand and supply. Supply maybe 0.8% of silver, but demand could be lower at 0.7% of silver, so there is still a surplus. As Alor mentioned, the price may fall to $600/oz.

    For me, I'm really lousy at catching lows, often end up missing it entirely, so I rather buy bit by bit.
     
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  8. slavaja

    slavaja Well-Known Member Silver Stacker

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    I wonder what will do better, silver or Platinum??
     
  9. 66rounds

    66rounds Well-Known Member Silver Stacker

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    I think you'll find they will both do similarly
     
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  10. alor

    alor Well-Known Member Silver Stacker

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    I could not make cents from platinum metal back in 2000+ since made in pt stocks. was my reason do diversified to pd metals coins and bars. sold some last year ago to rebalance ....
    waiting to get into pt, my koala is very lonesome 1/20th oz and small and skinny [email protected]@k forward 2 platypus or rats etc or even bars could save a day in the future
     
  11. minimilled

    minimilled Active Member

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    Your koala is lonesome

    It is hard to see this now, however the reality is this is actually a good time to make money, because the herd will act and you need to know when the herd acts especially when it strongly runs away from sense
     
    Last edited: Mar 13, 2020
  12. alor

    alor Well-Known Member Silver Stacker

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    Pt at 750
    vs Pt at 600

    actually not that far, but so long as metal could be bought near low, you have made to gain
    its bought at the right price

    down side, we are not sure even after spot is so low, would there be ready supply of coins and bars closer to that spots
    as seen before on Pd, spot was near 200, but metals were traded way above that
     
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Pd falling 20% a day, at this rate, it will be same price as Pt before the end of next week. I hope no one here bought Pd above $2k. It could drop to $200.
     
  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    [​IMG]

    I've been observing, the price of copper almost doesn't drop. It's like "pegged" to the dollar?
     
  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Your concern has come, we're only days before all silver either disappear or spot + 20% to 30%.
     
  16. alor

    alor Well-Known Member Silver Stacker

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    Last edited: Mar 14, 2020
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  17. alor

    alor Well-Known Member Silver Stacker

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    wow low 565 for Pt
     
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  18. alor

    alor Well-Known Member Silver Stacker

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    can you buy any, what are their prices please use screen for future references THANK YOU
     
  19. alor

    alor Well-Known Member Silver Stacker

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    if the killer premiums is no longer alive after covid-19
    i would want to buy Pd, as 1500 can double to 3000
    and buy some Pt to hedge my Pd exposure

    I had used Pd to hedge my silver, then used the Pd sale proceed to add to silver

    like PMGs round table taking the chair turn
     
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  20. alor

    alor Well-Known Member Silver Stacker

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    buying Palladium seems better, so long as you can sell them in an instance when price run up, and with small premiums differences
     

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