Anyone holding palladium in their IRA? Worth the dip?

Totally feel this! I was in a similar boat a few years back, had a good chunk in gold and silver, and started eyeing palladium when it took a bit of a tumble. Decided to dip my toes in, not with a huge chunk of my IRA, but enough to feel like I was diversifying. It's been interesting to watch, that's for sure. Not gonna say it's a guaranteed home run, but having that exposure has been a good learning experience.

Super interesting you're looking at palladium! Given your background with the construction company, I'm curious if the industrial demand side of palladium's value is what's attracting you, or if it's more about the precious metal aspect and diversification?

While the dip in palladium might look tempting, I'm a bit wary of putting significant chunks of an IRA into it. The industrial demand for palladium is so tightly linked to a few specific industries, mainly auto catalysts. If there's a major shift in EV adoption or a new catalytic converter technology emerges, that demand could drop pretty fast. Gold and silver just feel like they have a much broader and more stable demand base, even if they aren't as exciting in the short term. Just something to consider!

Hey, interesting thought on palladium! It's definitely had a wild ride. While it's tempting to try and catch a falling knife, remember that palladium's price is heavily tied to industrial demand (especially auto catalysts). If you're looking for more info on the specifics of holding palladium in an IRA and some alternative strategies, you might find this article helpful: https://www.investopedia.com/articles/investing/090415/how-invest-palladium.asp

It covers some good points about its volatility and how it differs from gold/silver from an investment perspective. Good luck with your decision!

Palladium's always been one I've looked at sideways. Got about $700k in my IRA, mostly in physical gold through Birch Gold, but my advisor in Philly keeps harping about diversifying. With it being down ~$500 from last year, is it time to jump in, or is this a falling knife? My concern is always liquidity if things go south.

Totally agree with the sentiment here. I dipped my toes into palladium a few years back, maybe $8k worth, thinking I was smart diversifying beyond just gold and silver. Watched it climb to ridiculous heights, then took a pretty significant tumble. Honestly, looking at the current price action, it just feels like a gamble to me right now compared to the steady climb of gold.

Palladium's always been the wild card of the bunch. I picked up a fair bit back when it was around $1500 an ounce, thinking it was undervalued compared to platinum. Made a decent return, but I wouldn't go chasing this dip unless you've got a seriously high risk tolerance and a clear exit strategy. Too volatile for my core IRA holdings these days.

I'm still pretty new to the gold IRA space – just opened mine a few months back with Augusta Precious Metals – but I've been eyeing platinum and palladium. The fees seem a bit steeper for them, and the bid-ask spread feels wider. For anyone who's actually holding palladium, what percentage of your precious metals allocation did you commit to it, and what was your entry point, roughly?

My buddy down here in Atlanta was hawking palladium pretty hard a couple of years back. Said it was the next big thing, got me almost convinced to dump some of my silver gains into it. Thankfully, my Gold IRA custodian (who I found via some of the solid recommendations on GIRAB, actually) talked me off the ledge. Their point was, sure, it has industrial demand, but the volatility and lack of general public understanding compared to gold/silver made it a riskier play for an IRA. Good thing too, seeing the plunge since then.

Interesting discussion on palladium here. While I appreciate the thought of diversifying beyond just gold and silver, I've personally steered clear of palladium for my IRA, even with the recent dips. Living in Vegas, I've seen enough "sure bets" turn into dust to be extra cautious with less traditional precious metals in a retirement account.

My focus has always been on the long-term stability and historical performance of gold with a smaller allocation to silver. The industrial demand for palladium makes it a different beast entirely, and I'm not convinced it offers the same kind of inflation hedge or safe-haven appeal when the chips are really down. Sticking to what's been proven for centuries, especially when it comes to retirement savings. For folks nearing retirement, by the way, if you haven't yet, check out the RMD Calculator – it's surprisingly helpful for planning.