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Thread: Ohhhh Ahhhh Ohhhh! Palladium!

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    Unobtanium PatColo's Avatar
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    Re: Ohhhh Ahhhh Ohhhh! Palladium!

    Quote Originally Posted by Shami-Amourae View Post
    Should I hold onto my palladium or sell it?

    I only have a single bar I bought for the hell of it, now I'm wishing I only bought Palladium over Gold/Silver.
    whajewpay?

    I'd say depends on ur overall financial sitch. If all comfy, no debt, then hold for higher $. If otherwise, sell it like a hot tater.

    I'm still sitting on the ~80% which I didn't recently (Oct, IIRC) sell in the mid $1,600s. But hey I'm a new car & RV owning/living pleb now ; which I'd originally envisioned driving to Canada to find Amazing Polly & consummate our already imagined long term relationship... but now instead I just... surf the web in my RV, whilst drinking & bong ripping my sorrows away...

    ^ But we digress. Point was, I'm in no hurry to sell my remaining chunk of Pd here; if it 'collapses' it wouldn't change my lifestyle. Come to think of it, the FRNs I recently spent on car/RV, incl pound-of-FRN-flesh to CA in 'transfer tax', was darn near the same as my original 2004 physical Pd investment @ $220/oz! And those purchases (exchanging 'physical' for 'physical', we might say), only accounted for ~2/3 the proceeds of my Oct Pd sale!

    Technical-analysis-ly, Pd's forming a nice tight little base/consolidation this past week, a 'flag', very bullish & I'd predict another fast spurt higher, maybe tagging $3K, which'd prompt me to drop another ~20/whatever %.
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