In the debate of palladium vs gold, many people do not stop to realize that it is not about either/or, but both/and. I am a big supporter of diversifying your portfolio wherever possible. This is great because you are not placing everything in one basket. Now, as of 2010 palladium was holding at a balance between supply and demand. Since then this has changed a little, but it is still accessible for investment. Last I checked it was at around $600 an ounce, which is a lot, but is still less than gold. Keep in mind too that the value of palladium is required because of its industrial uses. Therefore, I suggest that you go with silver, gold and palladium as your precious metals investment. This way you will be in on three metals that are growing nicely, but at the same time you will not be spreading yourself too thin.
January 26, 2012
