Ohhhh Ahhhh Ohhhh! Palladium!

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Originally Posted by gunDriller

Does anybody think that Palladium could become a Monetary metal ?

For a non-monetary metal, it's done fantastic.


I asked a local coin dealer about buying Platinum. But he wouldn't talk about spread, said he had to look into it.

Maybe I'll ask one of the good dealers about Palladium. How much they would buy it for.

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2 local dealers here won't touch palladium, that's why i'm getting out. what happens if some event happens, and the option to do it through mail and the internet goes away? then i'm stuck with it, and NOBODY outside of places like this have any inkling what it is. i'm selling all of it at $900 and buying gold with it.

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Originally Posted by chad

2 local dealers here won't touch palladium, that's why i'm getting out. what happens if some event happens, and the option to do it through mail and the internet goes away? then i'm stuck with it, and NOBODY outside of places like this have any inkling what it is. i'm selling all of it at $900 and buying gold with it.

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The ones here would only pay less than spot, forget how much, had to go to Dallas for spot at the time, way too much hassle, so bailed.

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Originally Posted by chad

2 local dealers here won't touch palladium, that's why i'm getting out. what happens if some event happens, and the option to do it through mail and the internet goes away? then i'm stuck with it, and NOBODY outside of places like this have any inkling what it is. i'm selling all of it at $900 and buying gold with it.

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Keep an ounce or two for the fantastic, if it ever happens. I bought 1.5 oz at $240, sometimes I felt like selling it, and make a profit on it, but it is nice to have some of it that one day may make a small fortune! Gold will probably keep its purchasing power +100/-50%, silver +300/-75%, Pt +1,000/-90%, Pd +10,000/-98%. Pd is just a fun play, and all of it is extraterrestrial!

I think this is what is bubbling beneath the surface:

http://gold-silver.us/forum/showthre...-are-Diverging

Low oil prices good for PGMs

"...when oil prices drop heavily on ample supply and strengthening consumer demand ... car demand tends to surge."

"Maybe cheap oil does not portend a major rally in PGM prices. At current spot, many analysts had seen fairness in palladium before oil prices dropped. Some, but not all, view $900/oz as reasonable in the year or so to come..."

Palladium:silver ratio

http://gold-silver.us/forum/attachme...tid=7072&stc=1

Gold : Pd Ratio

http://gold-silver.us/forum/attachme...tid=7073&stc=1

Palladium : Oil (WTC)

http://gold-silver.us/forum/attachme...tid=7074&stc=1

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Originally Posted by PatColo

SWC $13.65 high today (+78 cents, +6%), real time quote. Volume looks on track to be (only) "average" though, which is ~2MM shares/day. Volume says "market conviction." A rally above $14 on 3+ MM shares traded would say the bottom's behind us (pun there somewhere...:rolleyes:).

Insiders been buying, incl a director who bought 3K shares in Aug at 17.99, and 2K more shares Mon 12/1 at 13.51. :)

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2MM shares traded on Tue, and 3MM yesterday, or +50% of average daily.... on a price move > $14. Up another ~50 cents today, on what looks like another big volume day. :)

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Originally Posted by PatColo

HUI down between 1-3% all day, even gapped lower @ the open; meanwhile SWC 13.85, +.36, +2.67% :D Not to mention, Pd up all day, contrary to the other PMs all down 1+ % I'm telling yous losers, something's percolating below the radar somewhere.

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^ similar tale today (HUI up though), even with Pd down $5 now, SWC surging 7.X% higher, just touched $15/share, on higher than average volume. No SWC news stories. :) http://bigcharts.com/quickchart/quic...1&show=&time=6 real time: http://www.marketwatch.com/investing/stock/SWC http://bigcharts.marketwatch.com/kaa...579&mocktick=1