Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > PM Bug

Like Tree1Likes
  • 1 Post By benjamen

LinkBack Thread Tools
Old 03-03-2013, 03:46 PM   #1
Yellow Jacket
Join Date: Jun 2012
Posts: 1,511
Liked: 671 times
Is it Time to Sell Gold & Silver and BUY Platinum & Palladium?

Rick Rule on precious metals:

I like all forms of bullion…

I believe, if pushed, that the best form of bullion in terms of price appreciation for the next one or two years, is platinum and palladium.

I don’t believe it’s because of the monetary aspects of it. I believe it because the industry does not earn its cost of capital at this price point.

I believe it because on the supply side there’s no above ground inventory. All the platinum and palladium that’s ever been mined has gone out a tail pipe, it’s gone up a smokestack or it’s gotten turned into jewelry.


Jay is offline   Reply With Quote
Old 03-05-2013, 01:00 PM   #2
Super Moderator
benjamen's Avatar
Join Date: Mar 2012
Location: Migratory
Posts: 1,620
Liked: 685 times
I stocked on platinum and palladium recently when they were in the 1300s and 500s respectively. That was the time to heavily speculate on them. Of the two, platinum is still relatively underpriced. Of any precious metal, sub $29 silver is probably the best deal at the moment.
ancona likes this.
I drive men mad
For love of me,
Easily beaten,
Never free.

PMBug 101 *** Forum Rules
benjamen is offline   Reply With Quote
Old 03-15-2013, 11:50 PM   #3
Join Date: Mar 2013
Posts: 8
Liked: 0 times
I think its best to invest in gold at this time because the rate of the gold rise in future and that was the cause that mostly countries converting there federal reserve in to gold to get profit from it in future.
Employment-Toolkits LTD
Peter is offline   Reply With Quote
Old 03-17-2013, 12:15 AM   #4
PM Bug Supporter
DoChenRollingBearing's Avatar
Join Date: Oct 2011
Location: SE USA
Posts: 1,275
Liked: 691 times

Buy them all, or buy whatever you feel like. Don't sell any of them.

"One of these days" a "Cyprus" is going to come along, and those with the metals will win.

N N Taleb (Antifragile) and Nate Silver (The Signal and the Noise) both suggest that prediction is a mug's game. Don't predict! Examine yor risks and vulnerabilities and act. Don't try to predict the Black Swan.

Same with the PMs. Buy whatever you want, predicting is very hard.
DoChenRollingBearing is offline   Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Gold more volatile than silver, platinum and palladium during last few days swissaustrian PM Bug 27 04-10-2013 04:30 PM
Sprott Physical Platinum and Palladium Trust (infographic) PMBug PM Bug 1 01-23-2013 03:07 PM
10 Year Historical Chart of Gold, Silver, Platinum & Palladium GoldcoDirect PM Bug 9 10-04-2012 05:10 AM
Platinum, Palladium, etc. DoChenRollingBearing PM Bug 52 04-20-2012 03:58 PM
Time to sell physical in hopes of rebuying later at a discount? ancona PM Bug 20 04-18-2012 09:48 AM

All times are GMT -5. The time now is 10:04 PM.

Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of copyright © 2011 - 2020 Measuring Up. All Rights Reserved.