The face value denominations of 1oz US Eagle coins are: Silver $1, Palladium $25, Gold $50, Platinum $100. The spot price is moving towards realigning to what the relative US value order was in the past.
Started buying platinum 15 months ago, it's going like I thought and hoped it would go. Good video platinum Beast! I'm subscribed because it looks a lot like you buy the same forms of platinum I also buy!😸
Palladium is kinda interesting to me. It’s very rare, but I also don’t think it looks good, nor does rhodium. For all of these metals, it’s a combination of rarity + attractiveness for bullion collectors (industrial uses don’t drive us to buy coins & bars imo). I do think platinum looks better than palladium, but I also think platinum is 1/2 the price of gold simply because it doesn’t look as “good” as gold. Interesting to see how all these factors balance out for each metal.
Sanctioning will make this happen- feel bad for palladium, but my first palladium ounces were $400 each when platinum was $2,100. The Russian sanctions will make this possible- I have platinum that I'm in under $750, sold my palladium long ago. Like everything else in life, if it doubles and I can sell, shift into a better living standard from it, I sell- housing included. This year will be crucial, but never forget that palladium was $400 with Russian Ballerina coins. Those things were everywhere... The rhodium vials replaced those as a game of chance sold online. Again, I was one of the last people to receive their purchase from Bullion Direct, new people to the party need to review that and learn. If South Park does a show on buying platinum- sell fast! They called the top of gold, until now!
Question is which is better for catalytic converters, palladium or platinum? Auto manufacturers probably don't care, they just want the cheaper metal, just as long as it gets the job done.
palladium is dicey. i recall when was around $200 10 yrs ago so its gonna gave to get cut in 1/2 from here before im interested & wont be gettin more than 15 oz cuz imo its gonna have big issues to liquidate.
May want to stack those both in bar form. Consider this, if a potential future buyer actually wants either of those metals for industrial purposes they would want a bar as opposed to coin. Illegal to melt an American mint coin with a face value right?
The face value denominations of 1oz US Eagle coins are: Silver $1, Palladium $25, Gold $50, Platinum $100. The spot price is moving towards realigning to what the relative US value order was in the past.
I'll be ready with 180 pounds of platinum nugget and this year I plan on going to 250-300 pounds God willing.
that is very true!
I’ve been preaching this in video after video for almost two years now.
indeed!
Started buying platinum 15 months ago, it's going like I thought and hoped it would go. Good video platinum Beast! I'm subscribed because it looks a lot like you buy the same forms of platinum I also buy!😸
I started about a year and a half ago got 35 ounces at around 1050 with premium and I am way down that’s OK.
thank you my friend!
@@briancallahan5673 it's going to head back up. All signs point to YES.😸
These industrial metals will drive you crazy. Just look at silver. Glad I got out of that years ago. It is all a gamble, thats for sure!
they are much more volatile than say Gold!
Not if u hoold
Glad someone said it. Im looking to pick up a palladium eagle
Also, the platinum to silver ratio is an interesting one to look at too🤔💸
that is interesting! hadnt realy thought of comparing those two before!
I'd love to get a Pd Eagle, very beautiful coin. Used to have a Pd Maple but sold it, price was too good. 🐊
One day I will have one of each!
Palladium is kinda interesting to me. It’s very rare, but I also don’t think it looks good, nor does rhodium. For all of these metals, it’s a combination of rarity + attractiveness for bullion collectors (industrial uses don’t drive us to buy coins & bars imo). I do think platinum looks better than palladium, but I also think platinum is 1/2 the price of gold simply because it doesn’t look as “good” as gold. Interesting to see how all these factors balance out for each metal.
it is a very interesting metal and a very very new investment grade metal! it'll be interesting to see where it lands in the future!
Sanctioning will make this happen- feel bad for palladium, but my first palladium ounces were $400 each when platinum was $2,100.
The Russian sanctions will make this possible- I have platinum that I'm in under $750, sold my palladium long ago.
Like everything else in life, if it doubles and I can sell, shift into a better living standard from it, I sell- housing included.
This year will be crucial, but never forget that palladium was $400 with Russian Ballerina coins. Those things were everywhere... The rhodium vials replaced those as a game of chance sold online.
Again, I was one of the last people to receive their purchase from Bullion Direct, new people to the party need to review that and learn. If South Park does a show on buying platinum- sell fast! They called the top of gold, until now!
very true always best to weigh risk and cost analysis of everything as well as past and potential future!
Question is which is better for catalytic converters, palladium or platinum? Auto manufacturers probably don't care, they just want the cheaper metal, just as long as it gets the job done.
that is very true!
Do I sense a name change to Platinum Group Metals Beast.
perhaps i should! haha
It happened guys! It happened!
indeed it did for a moment!
palladium is dicey. i recall when was around $200 10 yrs ago so its gonna gave to get cut in 1/2 from here before im interested & wont be gettin more than 15 oz cuz imo its gonna have big issues to liquidate.
i agree those are some things to consider when deciding on palladium!
👋
👍
May want to stack those both in bar form. Consider this, if a potential future buyer actually wants either of those metals for industrial purposes they would want a bar as opposed to coin. Illegal to melt an American mint coin with a face value right?
That probably wouldn’t be a bad idea!
I think the EVs won't be around long, people are going to be using gas for a long time.
I think so too!
The "Flip' has already happened just not all the way matured yet. PD was over 3000$. lol Drastic fall from grace.
Hydrogen fuel cells are just going mainstream starting this year and they also require platinum
that is very true!