platinum or palladium? or silver or gold? what is better to buy now fearing inflation AND WHY?
2006-12-20 07:59:40 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
If you are worried about inflation, gold is always the investment of last resort. It is more liquid (the ability to buy it or sell it) than any of the other precious metals besides silver. It is still used as a factor in the value of at least two Western currencies and while the US is not one of them, we still keep an enormous pile of it on hand, which is a floor of supporting value for the dollar. The primary trading of platinum, palladium, and to a large degree even silver is industrial uses. Much of the gold that is traded is for its monetary value. If you are worried about your money, buy gold. If you want to simply trade metals in the futures market, then check the fundamentals and technicals on platinum, palladium, silver, and whatever else strikes your fancy (copper is still hot last I looked, though down some).
Added: That was really funny, Putin, good one!
2006-12-20 08:29:28 · answer #1 · answered by Rabbit 7 · 0⤊ 0⤋
Polonium.
2006-12-20 16:01:34 · answer #2 · answered by Anonymous · 0⤊ 0⤋