Ohhhh Ahhhh Ohhhh! Palladium!

[gunDriller]

it's from comets. that's why i can never sell it. how cool is it to have pieces of comets laying on your desk?

it's better than getting hit by a comet !

[JohnQPublic]

Shine returns to platinum and palladium

Commentary: You don’t need gold and silver to make money


"...These are our tentative rankings for the next cycle:

• Palladium
• Major gold miners
• Platinum
• Gold
• Major silver miners
• Silver
• Junior miners

In other words, palladium may turn out to be the best performer and platinum may turn out to be the third best performer..."

[gunDriller]

the problem with Platinum & Palladium are, you are at the mercy of the market-makers (coin dealers) who might buy from you.

a lot of local coin dealers just don't buy Platinum & Palladium.


i think it's Very important for your real money to be of use in the event of a US mail shut-down.

as the anthrax attacks after 9-11 demonstrated, the US postal system makes it very easy for a shit-stirrer to fvck with the US postal system.


if you have $$ in Platinum & Palladium, and the US postal system shuts down for 3 months because of another terrorist attack, where does that leave you ?

if you choose Platinum & Palladium as personal stores of value, i think you need to pay even more attention to the "Prepper's Commandment" about having 6 months (or whatever it is) of cash on hand.

just in case you are cut off from your market for a period of time during a phase of TSHTF when US mail stops operating.


the US postal service depends on volume, and they're already losing money. what would a 20% or 50% reduction in volume do ? what if anonymous mailing became un-available for a while ?


i don't know all the details; we're talking about the future, and about possibilities, possibly remote.

but i think a prepper's precious metal 'plan' needs to take a cut-off in US mail access, into account.

[JohnQPublic]

the problem with Platinum & Palladium are, you are at the mercy of the market-makers (coin dealers) who might buy from you.

a lot of local coin dealers just don't buy Platinum & Palladium.


i think it's Very important for your real money to be of use in the event of a US mail shut-down.

as the anthrax attacks after 9-11 demonstrated, the US postal system makes it very easy for a shit-stirrer to fvck with the US postal system.


if you have $$ in Platinum & Palladium, and the US postal system shuts down for 3 months because of another terrorist attack, where does that leave you ?

if you choose Platinum & Palladium as personal stores of value, i think you need to pay even more attention to the "Prepper's Commandment" about having 6 months (or whatever it is) of cash on hand.

just in case you are cut off from your market for a period of time during a phase of TSHTF when US mail stops operating.


the US postal service depends on volume, and they're already losing money. what would a 20% or 50% reduction in volume do ? what if anonymous mailing became un-available for a while ?


i don't know all the details; we're talking about the future, and about possibilities, possibly remote.

but i think a prepper's precious metal 'plan' needs to take a cut-off in US mail access, into account.

Pd/Pt should not be you main repository of value. Usually at coin shows you can sell Pd/Pt at spot. Local dealers sometimes don't want it.

[Neuro]

Yes Pd/Pt are worthless in SHTF scenario, but at this point it is a very interesting high inflation play...

[JohnQPublic]

I have not been paying attention, but Pt > Gold again. Not sure exactly when they crossed. Probably when gold dumped recently.

[gunDriller]

Yes Pd/Pt are worthless in SHTF scenario, but at this point it is a very interesting high inflation play...

i think it depends on location. if you live near APMex or some other dealer that buys Pt/Pd, it works better.

[Neuro]

i think it depends on location. if you live near APMex or some other dealer that buys Pt/Pd, it works better.

Really? No electricity, empty shelves, fiat worthless! No one would change a prolapsed cow cadaver vs a Pt/Pd coin, I think!

[Norweger]

Not much palladium to be found on ebay. Browsing ended auctions shows mostly novelty items, Russian ballerinas, some pamp bars, stillwater rounds and a couple of Maple Leafs.
Very low premium on many coins as well.

http://www.ebay.com/itm/2011-1oz-Pal...-/151074529902

Palladium Isle of Man angel $770

[JohnQPublic]

Not much palladium to be found on ebay. Browsing ended auctions shows mostly novelty items, Russian ballerinas, some pamp bars, stillwater rounds and a couple of Maple Leafs.
Very low premium on many coins as well.

http://www.ebay.com/itm/2011-1oz-Pal...-/151074529902

Palladium Isle of Man angel $770

The Pd/Silver ratio is getting pretty high. It is tempting to do a trade (Pd---> silver) right now.