Jeff, PM’s have been pulling me in lately too. You got me interested in silver when i was just a boy, probably 12. I’ve been re watching those old vids lately as a nostalgia trip. You got me to get my dad to take me to our LCS way back then and i got a couple pieces. I don’t have them anymore as they did not survive me being a teenager and spot not going anywhere for forever. Got back into it later. I just sold about 100oz silver to buy a pre 33 $20 piece to add to my gold stack. I find gold makes me happier than silver these days :) happy stacking and a hello from one side of a parasocial relationship!
Palladium peaked because they swapped over from platinum to palladium in the catalytic converters. Now the demand for diesel cars has dropped (artificially because governments want us driving those battery bricks) and there seems to be a retooling back to platinum because palladium became so expensive, so palladium dropped. It was artificially high, I don't think it's naturally supposed to be high. Platinum is probably a better bet out of the two, but I'd be sticking to gold if you were going to dabble in precious metals as part of your savings. If you want really expensive, there's rhodium. Which the premiums are nuts on and you'll be back of spot when you sell.
I want all of the eagles. Silver, gold, platinum, and palladium. I have been building a tube of 1/10th oz platinum coins, unfortunately they are Britannias since they are the cheapest I can find. I would prefer American coins.
Should also look at stacking Rhodium...similar situation as the palladium market over the past few years. Its majorly crashed also while Gold has rallied
@@dstnctw2123 😊 I know some might suggest saving up for a bigger piece then buying but I prefer this way becasue this is harder IMO to sell in larger amounts so its purposeful...Its also easier to justify $35-$50 purchases than a grand...
Im pretty new to investments in forms like these. But how do you go about selling them? Is there physical shops that would pay actual retail or is it often done online? Ive been playing around with stocks and found the near immediate transactions pretty useful
yes precious metals are sold both online as well as in person at places like coin shops across the country...buyers will often pay less than they are worth so they can make a profit as you imagine so the idea is to buy when its cheaper and sell when its more...selling palladium WILL be harder than selling gold or silver and your hoping on a price increase to sell more so than trhe otyherr 2 becasue of that...its easy to sell this amount BUT if I wanted to sell say 10 troy ounces of palladium it might be difficult to fine one buyer
Gold is a "real" money, its got demand from all central banks, and smart people. Silver, platinum, palladium, is Industry metals, since industry switch away from internal combustion engines to EV, silver will be most in demand... Yes palladium have a "cool" factor, but that's about it, very small market place... Just my opinion... 👍
Many people know Palladium as the power suppy for Iron Man's first few arc reactors in the MCU till Tony stark re-discovered element zero.
So it’s Tony’s fault that palladium dropped from 5000 down to 900
Jeff, PM’s have been pulling me in lately too. You got me interested in silver when i was just a boy, probably 12. I’ve been re watching those old vids lately as a nostalgia trip.
You got me to get my dad to take me to our LCS way back then and i got a couple pieces. I don’t have them anymore as they did not survive me being a teenager and spot not going anywhere for forever. Got back into it later. I just sold about 100oz silver to buy a pre 33 $20 piece to add to my gold stack. I find gold makes me happier than silver these days :) happy stacking and a hello from one side of a parasocial relationship!
And yet platinum group meals are not respected enough
Palladium peaked because they swapped over from platinum to palladium in the catalytic converters. Now the demand for diesel cars has dropped (artificially because governments want us driving those battery bricks) and there seems to be a retooling back to platinum because palladium became so expensive, so palladium dropped. It was artificially high, I don't think it's naturally supposed to be high. Platinum is probably a better bet out of the two, but I'd be sticking to gold if you were going to dabble in precious metals as part of your savings. If you want really expensive, there's rhodium. Which the premiums are nuts on and you'll be back of spot when you sell.
Hey Jeff,
The Spyderco Centofante folders have a palladium Bug inlaid into the handle.
I want all of the eagles. Silver, gold, platinum, and palladium. I have been building a tube of 1/10th oz platinum coins, unfortunately they are Britannias since they are the cheapest I can find. I would prefer American coins.
Palladium sounds great until you realize like it looks like a duller silver. Plus it's a pain to work with.
you got that for 35 bucks? that is a really good deal if you did.
💯
In 30-50 years, there will be far fewer catalytic converters being manufactured, and the gold jewelery/industry use will increase.
I admittedly believe the EV push will slow down to a stop and the car industry will abandon the idea...time will tell
@@cutleryloverThat's why Platinum is a decent gamble. Catalytic converters and hydrogen electrolysis.
Should also look at stacking Rhodium...similar situation as the palladium market over the past few years. Its majorly crashed also while Gold has rallied
Buying 1oz coins of each metal would be way cheaper.
yes almost everything in the world is cheaper to buy in bulk but I cant afford 1ozt coins at the moment
@cutlerylover yeah Jeff. Why didn't you just buy 100lbs? It'd be cheaper.. what were you thinking?😂
@@dstnctw2123 😊 I know some might suggest saving up for a bigger piece then buying but I prefer this way becasue this is harder IMO to sell in larger amounts so its purposeful...Its also easier to justify $35-$50 purchases than a grand...
I never said what he should do, just merely that 1 oz is cheaper (not less expensive or not to pass up a deal on fractional)
higher premiums on fractional almost always make it more expensive
I like buying the palladium eagles the mint has been releasing yearly.
I know Palladium because my vintage St Dupont lighter is made of it!! Think of it daily :)
Nice deal. Definitely go pickup the other gram if possible. 👍
Im pretty new to investments in forms like these. But how do you go about selling them? Is there physical shops that would pay actual retail or is it often done online? Ive been playing around with stocks and found the near immediate transactions pretty useful
yes precious metals are sold both online as well as in person at places like coin shops across the country...buyers will often pay less than they are worth so they can make a profit as you imagine so the idea is to buy when its cheaper and sell when its more...selling palladium WILL be harder than selling gold or silver and your hoping on a price increase to sell more so than trhe otyherr 2 becasue of that...its easy to sell this amount BUT if I wanted to sell say 10 troy ounces of palladium it might be difficult to fine one buyer
It’s used in electronics because it’s a good conductor.
Alan using the ol' grocer's apostrophe.
Palladium is annoying. It doesnt purify as easily, nor does it melt as cleanly, nor cast as easily as Gold.
That's why people don't work with it huh?
My friend is a trader & has been tooting the palladium mining stock horn for a while now.
Rare does not equal valuable
in this case its literally valuable, lol...one coin worth over $1000 is not cheap
I went heavy on platinum because palladium was twice as much as soon as I got done buying a kilo of platinum palladium dropped down the same price
Cool 😎
$35 is within my budget for palladium :)
1oz coins/rounds would be cool lol
Interesting about the catalytic converter. No wonder it a target of thieves. Thanks for the video Jeff! Have a great 2025
I wish I had a ounce of rhodium
Now You need Rhodium
😁
You cannot prosecute wars without palladium. So it is going to skyrocket sooner rather than later.
Can't do it without wooden pallets either. Are you holding any of those?
@zunedog31 yes. My safe is full of pallets of palladium
Interesting, thanks
Imma call.allen
Have you ever gotten into watches before? If so, which ones are you're favorites?
yes but not that many expensive ones I love invicta
@@cutlerylover Looking into getting a nice Hamilton field watch soon, would be cool to see what kind of watches you have.
First
Gold is a "real" money, its got demand from all central banks, and smart people.
Silver, platinum, palladium, is Industry metals, since industry switch away from internal combustion engines to EV, silver will be most in demand...
Yes palladium have a "cool" factor, but that's about it, very small market place...
Just my opinion... 👍