Precious metals

The copper trade is way off, there is a 5 year stock pile from all the base mining to keep up with silver demand....
But they are starting to make copper coins and my brother is scrapping copper.... I tell him to just sit on it for now...

 

only 6.3 million oz coming mostly from 2 countries....



so only 348,000 oz for investment..... I like that..........
Sounds like the Russian stock piles are used up...... just like silver......... but much smaller market.......

http://www.napalladium.com/palladium/supply-and-demand/default.aspx

 

For all PMs I don't recommend digital trading until the prices start going up.... Stay away until we know for sure the bottom is in but it looks close...
Now is a good time to build up cash....
Buying physical is different, but only for us "tin foil hat guys"....

and investing in ETFs will be risky if they don't have the metals in the future....

 

Total supply and demand chart for palladium...... Yes from palladium because they are the experts.....

http://www.napalladium.com/files/doc_downloads/InvestmentCaseforPalladium_January2012.pdf

 

And I don't recommend your buy and hold, buy lower and hold, buy even lower and hold strategy. To be a profitable investor you can't only play the "end of the world" scenario. You have to look at both sides. And sadly for you the shorts have been dominating the PM's for the last 5 years.

 

That's why you hedge.... Play the market with your digital investment..... and right now for PMs that means hold off and collect cash....
But you have to diversify, out side of the market also, investing 101 is to diversify.... But physical investing has a different goal than digital investing, that's why you don't get it....

 

on the surface palladium looks good....

There is only 1/10 of palladium compared to silver and has much higher industrial demand and very few coins...
There are only a handful of mines and they are currently running a 7% deficit to demand...
The Question would be if Russia has stockpiles or not, getting conflicting info so far....

the weakness would be investment demand and it's not used as money......

From the industrial supply and demand angle, makes palladium better than both gold and silver and starting sooner....

I think it will hedge well against the dollar also.... But just starting to get the info.........

 

http://www.bloomberg.com/news/artic...rs-bear-market-as-global-supply-concerns-ease

http://www.bloomberg.com/news/artic...ts-record-as-china-car-sales-drive-etp-slump?

So there is still a deficit but not as bad so the price is tanking??? weird probably too much shorting.... But now that South Africa is back on line mining could catch back up....

Looks like we import 89% of our palladium, that would make a good hedge against the dollar because they won't be able to set the price and both Russia and South Africa are in the BRICS....

 

So I don't "get it" because I don't believe the sky is falling, North Korea with nuke us, Russia will invade France, oil will go to $7 a barrel when the Dow hits 5,000 and the US Govt will ban all sales of physical precious metals. Okay that's fair. I guess I'm clueless...

 

Just FYI I told you to look into palladium about 30 pages ago. Guess I don't know anything about PMs though right?

If the 3rd world begins demanding catalytic converters ever than palladium and platnium supplies will be exhausted almost immediately. No questions about substitutions, they've been trying to make nickle work as a catalyst but it has problems of its own.

The palladium maple is the coin to own.

 

Yeah you don't, that's why you aren't buying metal, but you are still here learning, so that's good... The first step is to question....
Physical is for the "tin foil club" that think that 0 rates and 18 trillion dollars of debt is bad..... We think that fiat currencies go through cycles and the dollar is almost at the end of it's cycle... We believe that 350 trillion in derivatives are bad and will take down some of the big banks....


So we are going to hedge against that stuff with real physical assets that we can't be cheated out of like Cyprus and Greece... But I can't afford to just go pay cash for real estate, but I can afford to buy PMs...

 

Palladium is looking good, it's years ahead of silver and industrial demand is still growing strong and out growing mining...
Now china is getting more cars....
Won't take much investment demand to crush supply.....

It's like silver but 10 times smaller with very few mines and higher industrial demand..... just need investment demand to make a killing...
and this drop in price could be a great time to get in....

 

Plus unlike some other rare metals there are coins from reputable sources available.

 

here we go.....

 

Yup, like I said, the palladium maple. It's a no brainer coin. They took it off the market for a year and the shit fit it caused forced it right back into production. Plus like platnium the coins are ridiculously easy to care for and keep a really high grade on.

I might have a 2012 palladium maple....

 

Royal Canadian Mint

 

APMEX only has 140 coins total and they are like the Amazon of PMs.....
1 2007

 

Very limited run. They don't trade much.

 

Pray tell what's going to replace the dollar?

 

And when the dollar becomes worthless and all the major banks collapse are you saying we can trade physical silver for the new currency? I thought when silver rises I would just sell them for dollars for a higher price than I bought them for? I think that's what investing in PMs is all about, not hoarding all the silver to gain power when the new world order is established. Like your fancy coins, I'd by them cheap then sell them for a profit when the demand outstrips the supply and it value goes through the roof but I'd still expect to be paid off in good ole American dollars!