gold, silver, platinum or palladium?
i buy the actual metal and take possession so zinc and copper are out. i already have so much silver my safe deposit boxes are full. I like gold but think 625 is a lil too high. at 575 i would buy. so i was looking at canadian maple palladium vs. us platinum eagle coins. each are 1 oz of the metal. if you had to buy one of the 2, what would you buy? WHY? I was thinking of waiting to see if prices drop but I could be wrong. talk to me people!
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well you do know that those are commodities and you will be taxed at the highest rate last look was 32% when you sell them for profit. Silver is way too high because of the ETF that was released last year but the etf did drop below $100 for a brief time I also do not like commodities right now and don’t see much swing in Gold yet as it was very early in the year (I bought at $48 sold at $60 recently I would hold off buying more (especially when the commies are taking control in a few weeks) see what happens.
palladium
platinum or gold
I would put 25% on each of them. Not very knowledgebale about platinum & pallidiun, but silver and gold I beleive will return 25% year on year at a minimum for the next two years or faster.
Platinum is expensive right now, last traded at $1122 per oz, Palladium is only at $328, Gold is at $623 and Silver at $12.80.
I don’t think it’s a good time to buy metal right now. If I were to invest now. I would go with palladium only because I think the platinum is too high ….My choice of metal would be gold….But, since I’m not investing in metal right now, I would wait for the price to drop…as you can see how fast the prices when up in one year time especially for…from $300 something in August 2005 and now it’s over $600.
I believe that there may be a platinum ETF coming out soon. Speculation about this is bound to drive the price of platinum artificially high. So I would stay away from platinum right now, but buy it maybe 3 months after the ETF started trading.
Why not buy silver through the silver ETF - the fee is minimal?
i’m of the opinion that platinum has been hyped and that it’s nowhere near the staying power of gold. Gold will need to get to around $2,000 p.o. just to match it’s former highs from the early 80′s (adjusted for inflation)
so IS gold over-priced? i don’t think so….i think we’re going to see it hit over a grand in the next year and not stop there.
buy another box