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!
2006-12-20 09:51:29 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
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.
2006-12-20 12:17:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
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.
2006-12-20 12:00:38 · answer #2 · answered by stiletto 4 · 0⤊ 0⤋
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?
2006-12-20 14:52:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Gold
2016-03-29 01:51:23 · answer #4 · answered by Anonymous · 0⤊ 0⤋
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.
2006-12-20 09:54:47 · answer #5 · answered by srodrigues75 1 · 0⤊ 0⤋
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 :D
2006-12-21 21:52:21 · answer #6 · answered by Sizzle Pizzle 3 · 0⤊ 0⤋
platinum or gold
2006-12-20 09:53:23 · answer #7 · answered by ? 7 · 0⤊ 1⤋
palladium
2006-12-20 09:52:57 · answer #8 · answered by Wow! I have a pig nose! 4 · 0⤊ 1⤋