Hello, Was discussing the premiums on Pamp Palladium 1 oz coins in another thread and got thinking and stuff. Anyways from my experience ( eBay, bullion stores, ss forumites ) speaking of GENERAL bullion type coins, bars and rounds. highest premiums over spot for physicals fetch the following precious metals Rhodium Palladium Platinum Silver Gold Check out the multi year charts for these metals RHODIUM PALLADIUM PLATINUM SILVER GOLD Do you notice a pattern above All the precious metals except for GOLD had much higher highs in the past than NOW. Silver just had a major correction too. Check out the fall in Rh when GFC hit. This is one of the reasons why GOLD has the lowest premium imo
Looking at this you would think gold has to crash. But gold is unique compared to the other metals: Gold is a jewellery metal which shields it from a lot of economic/investment bull/busts. The rest are mostly affected by the economic cycles.
Agreed, however I'd use the word sensitive rather than manipulated... but that includes sensitive to manipulative trading
the gold graph, if past is anything to go by, suggests an exponential blowoff in the not too distant future this would also fit with gold investor psychology, perhaps gold investors have felt a little miffed and muzzled by silver's run a quick run to 2000 might, at least technically, confirm a pattern similar to platinum