Platinum vs Palladium.
- Thread starter wilspeak
- Start date
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.
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.
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.
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minimilled
Active Member
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.
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.
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.
I think you'll find they will both do similarly
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 l@@k forward 2 platypus or rats etc or even bars could save a day in the future
waiting to get into pt, my koala is very lonesome 1/20th oz and small and skinny l@@k forward 2 platypus or rats etc or even bars could save a day in the future
minimilled
Active Member
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
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
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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
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
Your concern has come, we're only days before all silver either disappear or spot + 20% to 30%.
Gold Shortages – Price of Physical Gold Decouples from Paper Gold https://www.bullionstar.com/blogs/b...e-of-physical-gold-decouples-from-paper-gold/
kg bar cheaper there
https://sgd.indigopreciousmetals.co...99-ag-lbma-good-delivery-singapore-stock.html
they both have such Weekend price premium has been implemented
- 14 Mar 2020 11:37
kg bar cheaper there
https://sgd.indigopreciousmetals.co...99-ag-lbma-good-delivery-singapore-stock.html
they both have such Weekend price premium has been implemented
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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
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
Killerbala
Active Member
Nice read