There are no palladium coins or bars

Discussion in 'General Precious Metals Discussion' started by Big A.D., Dec 29, 2010.

  1. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    http://www.smh.com.au/money/on-the-money/all-that-glitters-is-not-gold-20101223-196im.html

    The palladium bar sitting on my desk just went into existential crisis!
     
  2. millededge

    millededge Active Member

    Joined:
    Sep 4, 2010
    Messages:
    2,386
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    camp x-ray, spelling division
    never, ever, ever trust a mainstream journo

    sure, if you want to buy bullion from major dealers, some are closed over the xmas break, so there is little way to verify the assertion that there is none to be had

    but, you can still buy palladium from ABC sydney (this journo's stamping ground), online, if you are a registered customer, see here:

    http://www.abcbullion.com.au/index.php/default/product/36/palladium

    this journo perhaps has nfi, but it is nice to see even a mention of pms. Any news is publicity.

    However, the article seems to extol the virtues of the ETFs, which only encourages the custodian scum. Looks like a promotion to buy into ETFs of many stripes, including government bonds.

    Is the journo right about this 60% rise in palladium in 2010 - I thought it was more like 76% - but I'm just too bone idle to check myself.

    Silver and gold up "33% and 11% respectively"...from when to when
     
  3. Stedlar

    Stedlar Active Member

    Joined:
    Aug 16, 2010
    Messages:
    1,053
    Likes Received:
    15
    Trophy Points:
    38
    Taking possession of physical not mentioned. All ETFs
     
  4. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    1. Go to www.google.com.au

    2. Type "buy palladium", click search

    3. Be amazed that palladium coins and bars exist and can be purchased from any of the three Australian based bullion dealers that appear in the first page of results.


    Seriously, this article failed the "Google Research Test" of just doing simple a web search on the subject being written about. Journalism doesn't get much more sloppy than that.
     
  5. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank
    I think there is a German based palladium stacker who has a blog, and is a member here. Forgot his name, but its something
    palladium.
     
  6. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2010
    Messages:
    8,311
    Likes Received:
    7,703
    Trophy Points:
    113
    Location:
    House Corrino
    Don't buy the newspapers. You are only paying someone to lie to you.
     
  7. chimpanchu

    chimpanchu New Member

    Joined:
    Aug 7, 2009
    Messages:
    1,634
    Likes Received:
    3
    Trophy Points:
    0
    Location:
    Australia
    Why the trouble? Contact me if you want to buy palladium. :D:D
     
  8. projack

    projack Well-Known Member Silver Stacker

    Joined:
    Aug 12, 2009
    Messages:
    3,349
    Likes Received:
    593
    Trophy Points:
    113
    Location:
    Brisbane
    Precious metals investors and coin collectors may soon be able to purchase American Palladium Eagle coins from the United States Mint. The bill H.R. 6166 was passed in both the House and Senate and signed into law by the President on December 14
     
  9. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    I, for one, will be looking forward to fractional palladium coins.
     
  10. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    7 years is soon enuff for gold
     
  11. DSK

    DSK Active Member Silver Stacker

    Joined:
    Feb 25, 2010
    Messages:
    758
    Likes Received:
    175
    Trophy Points:
    43
    Location:
    Sydney
    Nice to see the current spot price of palladium....
     

Share This Page