A large online PM dealer just listed some Palladium CML's and they sold out in about 15 minutes. Over $110 premium over spot per 1 ounce coins and they sold out fast. 2005 and 2006 years. Anyone have an opinion on this metal?
i bought some about 6 months ago. got a great price but terrible service from monex. several dealers told me that when they get it they turn it in to be melted, so there is very little supply available to them.
i think eventually it will be 10X where it is at now but in the short term it won't move much. it will start to move again when people start buying cars (used in cat. converters).
Buying: Peace/Morgan G+ at $15.00 copper cents at 1.3X wheat pennies at 3X
Palladium Premiums on CML's
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Posted - 01/22/2009 : 12:02:34
