Yes, yes it is.Quote:
Originally Posted by ximmy
So if you buy any, make sure to wear your lead gloves when handling it, ok?
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Yes, yes it is.Quote:
Originally Posted by ximmy
So if you buy any, make sure to wear your lead gloves when handling it, ok?
I was just on ebay, typed "palladium bullion" (auctions only, time ending soonest). The only thing available were some one grain "coins". Very strange. There are usualy several Pamp suisse and other palladium bullion. SIlver was pretty slim, too ( a lot of silver, but mainly one ozt.. No 10 ozt. coming through for 10 hours).
Big gain today in Pd, up $29 to $641, I am not sure but I think the bottom is in, the good thing is that PGM's tend to hit its peak and bottoms earlier and recover quicker than Silver and Gold, we still may have another good buying opportunity in Silver, in the mid-higher 20's...
Starts to look good again, needs to get over the downward trendline at the high 700's before going to da moon, though...
Yes, it has consolidated for 'some' time now (1.5 years), but it looks like it is about to break out from it's long downward penchant formation. Does anyone still has Pd? I still have my 1.5 oz of Pd. Maybe I'll get buried with it... ;DQuote:
Originally Posted by Neuro
^ I gots Pd. Spot was 220 when I bought in '04, been a wild ride, but it's unfortunately the lowest performer of the Au Ag & Pd I bought all same time in '04. Up 2.6% today, not sure what if any news is driving this, metals complex is otherwise not moving much.
New York Spot Price http://www.kitco.com/images/lightgreen.gif MARKET IS OPEN
(Will close in 5 hrs. 57 mins.)Metals Date Time
(EST)Bid Ask Change Low High http://www.kitco.com/market/images/buy.png http://www.kitco.com/images/graph_down.gif GOLD 09/10/2012 11:18 1732.40 1733.40 -2.90 -0.17% 1726.20 1734.40 http://www.kitco.com/market/images/buy.png http://www.kitco.com/images/graph_down.gif SILVER 09/10/2012 11:18 33.75 33.85 +0.07 +0.21% 33.29 33.94 http://www.kitco.com/market/images/buy.png http://www.kitco.com/images/graph_down.gif PLATINUM 09/10/2012 11:18 1601.00 1609.00 +13.00 +0.82% 1587.00 1614.00 http://www.kitco.com/market/images/buy.png http://www.kitco.com/images/graph_down.gif PALLADIUM 09/10/2012 11:18 669.00 675.00 +17.00 +2.61% 655.00 677.00
Yay, spot was $220 when I loaded up the truck in April 2009. So you lost 5 years there ;)... Anyway I still think Pd has the potential to be your biggest gainer among your 2004 purchases. I think the sentiments in the Palladium crowd must have been very low in the last 6 months. But it is an essential metal for many industrial processes, and the annual consumption /production is exceedingly small, so it is entirely possible that Pd can reach $10.000/oz shortly...Quote:
Originally Posted by PatColo
A few years ago I only bought 2 1-ounce bars of palladium.... about $240 each. Sure wish I could have bought a few more.
i too bought around $220 or so. seems like it should be higher than it is.
It is on its way! now up to $700! South African mine strikes and prospect of money printing to infinity is rocket fuel for Pd... Could very soon, within even a few days be at $800...Quote:
Originally Posted by chad