Precious metals investment.

Discussion in 'Politics' started by williamdtipton, Jun 22, 2005.

  1. williamdtipton

    williamdtipton New Member

    Just wanted to post this somewhere.

    Palladium is at $177 an oz as I write this today.

    Its 5 year low was $148 and its high in 2001 was $1080.

    It could go down a few more dollars possibly, but probably not a whole lot more.

    Any one interested in investing in metals should really take a look at dumping some cash in Palladium at this point.

    :)
     
  2. Cloudsweeper99

    Cloudsweeper99 New Member

    I noticed that, but I'm not sure how much of a market there is for palladium. I could probably find a way to buy it, but I'd be worried about how to sell it without a huge bid/ask spread eating up the profits.
     
  3. crystalk64

    crystalk64 New Member

    My dealer is currently looking into options for selling Palladium for me. Won't buy any more until a clear cut way of selling is provided. It can be done as the palladium mine in Monana not only sells it in ounce increments it also will buy back but it must be over $500 in value. If I learn more I will post it here! I do like the metal and the coins currently being produced here in the U.S.
     

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