Page 50 of 51 FirstFirst ... 4048495051 LastLast
Results 491 to 500 of 506

Thread: Ohhhh Ahhhh Ohhhh! Palladium!

  1. #491
    Great Value Carrots
    Join Date
    Apr 2010
    Posts
    4,509
    Thanks
    4,887
    Thanked 4,730 Times in 2,204 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by mamboni View Post
    Bought a boat load of silver maples today - caught the bottom too! I’ve been siting on cash waiting for this
    market crash. If the pms drop further I will buy more silver and platinum. These two are outstanding bargains. Palladium has further to fall. Of course gold is always a buy because in the long run it is going much much higher. Silver is my spec play. But a drop down to $14 not impossible. Major deflation ahead.
    Platinum sure looks like a bargain. Looks like it hasn't been this low in dollar terms since '03. Taking inflation into account it is even more dramatic.
    " If you are on the wrong road progress means doing an about-turn and walking back to the right road and in that case the man who turns back soonest is the most progressive man. There is nothing progressive about being pig-headed and refusing to admit a mistake. And I think if you look at the present state of the world it's pretty plain that humanity has been making some big mistake. We're on the wrong road. And if that is so we must go back. Going back is the quickest way on.” ---C. S. Lewis

  2. #492
    Iridium mamboni's Avatar
    Join Date
    Apr 2010
    Posts
    9,362
    Thanks
    2,180
    Thanked 6,204 Times in 2,630 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by woodman View Post
    Platinum sure looks like a bargain. Looks like it hasn't been this low in dollar terms since '03. Taking inflation into account it is even more dramatic.
    Platinum is selling for less than cost of production. So if one has a long term investment horizon he can't lose buying Pt at these prices. But Pt could go lower short term. If Pt drops further I will buy more. I'm retired and I'm trying to protect my nest egg which is 45 percent in cash. Cash is king now and will be for the next few weeks or months. But long term the US dollar is dead currency walking I need to convert dollars into assets that will survive through the coming collapse and monetary reset. I only trust physical PMs at this point. Real estate has two problems: it can and will drop in price and it will be taxed heavily to pay for the government largesse that is coming. Stocks are now in a bear market and will be for years to come IMHO. I don't consider cryptocurrencies a safe option for wealth preservation. Foreign currencies are worse trash than the US dollar. Going forward I think the only viable investments are PMs. a cash business, self-improvement, and useful tangibles such as guns, ammo, food and supplies, tools etc.
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

  3. The Following User Says Thank You to mamboni For This Useful Post:

    woodman (12th March 2020)

  4. #493
    Unobtanium EE_'s Avatar
    Join Date
    Apr 2010
    Posts
    16,258
    Thanks
    1,086
    Thanked 7,953 Times in 4,575 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Bitcoin $4,700. Wow, what a plunge!
    DON'T TAKE THE VACCINE!

    THE SHIT HAS HIT THE FAN!

  5. #494
    Administrator JohnQPublic's Avatar
    Join Date
    Mar 2010
    Posts
    8,923
    Thanks
    890
    Thanked 2,262 Times in 1,342 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Palladium moving back up on confidence I guess.
    "What Difference, at this time, does it make?"

    "What is 'is'?"

    "Because you'd be in jail"

  6. #495
    Dangerous Donald Neuro's Avatar
    Join Date
    Apr 2010
    Location
    Absurdistan
    Posts
    21,137
    Thanks
    8,749
    Thanked 7,716 Times in 4,951 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Right now Pd 2249 Ag 14.01 ratio is at 160.51
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

  7. #496
    Unobtanium osoab's Avatar
    Join Date
    Apr 2010
    Posts
    16,817
    Thanks
    4,151
    Thanked 4,408 Times in 3,045 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Broke $3000 frns.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  8. The Following User Says Thank You to osoab For This Useful Post:

    PatColo (30th April 2021)

  9. #497
    Dangerous Donald Neuro's Avatar
    Join Date
    Apr 2010
    Location
    Absurdistan
    Posts
    21,137
    Thanks
    8,749
    Thanked 7,716 Times in 4,951 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    So I sold my 1.5 t oz Pd today, got $3,051 for it… Now it will probably take off and reach $10k/oz in a couple of months…
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

  10. The Following User Says Thank You to Neuro For This Useful Post:

    osoab (6th March 2022)

  11. #498
    Great Value Carrots
    Join Date
    Oct 2017
    Posts
    3,001
    Thanks
    459
    Thanked 1,467 Times in 1,014 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by Neuro View Post
    So I sold my 1.5 t oz Pd today, got $3,051 for it… Now it will probably take off and reach $10k/oz in a couple of months…
    Mathematically speaking average is a market goal that is attainable consistently.

  12. #499
    Iridium monty's Avatar
    Join Date
    Apr 2010
    Location
    Nevada
    Posts
    8,582
    Thanks
    7,427
    Thanked 8,048 Times in 4,900 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by Neuro View Post
    So I sold my 1.5 t oz Pd today, got $3,051 for it… Now it will probably take off and reach $10k/oz in a couple of months…
    Just curious; Factoring in inflation from the time you purchased until the sale did you make a profit? I am not selling mine.
    The only thing declared necessary in the Constitution & Bill of Rights is the #2A Militia of the several States.
    “A well regulated militia being necessary to the security of a freeState”
    https://ConstitutionalMilitia.org


  13. #500
    Dangerous Donald Neuro's Avatar
    Join Date
    Apr 2010
    Location
    Absurdistan
    Posts
    21,137
    Thanks
    8,749
    Thanked 7,716 Times in 4,951 Posts

    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by monty View Post
    Just curious; Factoring in inflation from the time you purchased until the sale did you make a profit? I am not selling mine.
    I think I did ok it was up +550% from the price I payed 13-14 years ago and what I got yesterday. I think it would have been closer to 800% price increase if one takes into account the premiums when buying and selling, but the dealer has to make a profit too… I would have kept it longer, but I am going to Mexico next week for a 5 week holiday. Normally I would earn enough this week to pay for it, but there was a snow storm here and for 4 days I lost 70% of my normal earnings, so I sold to make up for the difference…
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

  14. The Following 2 Users Say Thank You to Neuro For This Useful Post:

    monty (27th January 2022),osoab (6th March 2022)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •