Hi Topix Community,
This is my first topic share on topix. It's about palladium investment.
Commodities like gold, silver, platinum and palladium together constitute a category of metals called as Precious Metals. History has seen these metals been used as currencies and hence, the reference 'precious'. These metals have high melting points and therefore have many uses in the industries of the world.
There are companies that search for the hidden precious metals, i.e. for silver, platinum and palladium. They are those that have acquired rights to lands and are provided finance for exploration there. Many of the companiesí stocks conduct trading under $10.00 a share.
When we consider investing in Palladium, we can do so in two ways:
1. Investments in the actual chemical element of palladium.
2. Investments in those companies that mine for palladium.
Please share your thoughts and experience in palladium investment.