Palladium in my IRA? Thinking about diversifying beyond just gold.

Mark Adams

Back to forum

📘 Gold IRA Blueprint

Palladium in my IRA? Thinking about diversifying beyond just gold.

mark_adams👑Elite (1m-5m)

about 6 hours ago

Key Takeaways

•It’s been a great hedge, especially with how things have been looking globally these past few years.
•Living in Greenwich, I see a lot of guys just sticking to gold, silver if they’re feeling frisky, but I’m starting to wonder about palladium.
•But translating that into a personal IRA move feels different than a short-term trade in the fund.

Get the free Gold IRA guide

Alright, so I’ve been sitting on a pretty decent gold allocation in my IRA for a while now – probably 15% of my overall liquid net worth, which for me means a solid multi-million dollar position, mostly stored off-site. It’s been a great hedge, especially with how things have been looking globally these past few years. Living in Greenwich, I see a lot of guys just sticking to gold, silver if they’re feeling frisky, but I’m starting to wonder about palladium.

My fund has seen some really interesting plays with palladium in the past, and when you look at the supply/demand dynamics, especially with the auto industry and catalytic converters, it's compelling. But translating that into a personal IRA move feels different than a short-term trade in the fund. I'm thinking about peeling off maybe 1-2% of my existing precious metals allocation and putting it into palladium. My main concern isn't necessarily the volatility – I'm used to that – but more about liquidity and the long-term holding aspect within an IRA. Is this a smart diversification play, or am I just overthinking it and should just stick with the tried-and-true gold?

For those of you who've actually pulled the trigger and put palladium into your IRA, what's been your experience? Any headaches with custodians or sourcing specific products? I'm talking about physical, segregated storage, not some ETF. And for those who considered it and decided against it, what were your primary reasons? Would love to hear some real-world perspectives rather than just reading analyst reports.

5 comments

The biggest mistake retirees make with their 401(k)

Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

Under $100k? Compare options →

54 people viewed this today6 members requested a free kit this week9 investors bookmarked this

Best Answer▲ 7 upvotes

karen_robinson💼Starter (0-50k)

Totally get where you're coming from. I went through a similar thought process last year. Had a good chunk in gold, felt pretty comfortable, but kept hearing more and more about palladium and platinum for diversification. Ended up adding some palladium to my IRA – not a huge amount, just enough to feel like I wasn't putting all my precious metal eggs in one basket. So far, no regrets.

Comments (5)

karen_robinson💼Starter (0-50k)•less than a minute ago

carol_carter💰Established (100-250k)Real Investor•less than a minute ago

Interesting thought process! You mentioned your current gold is "mostly stored off-site." When you're thinking about palladium, would you be looking for similar off-site storage options, or would you consider a different approach for that metal?

dorothy_lopez💰Established (100-250k)Real Investor•less than a minute ago

Honestly, while diversification is generally smart, I'd be a bit wary of palladium right now. It's had a wild ride in the last few years, and while it *could* go up, the industrial demand side of things (auto catalysts, etc.) feels a bit more volatile and less like the pure safe-haven play that gold offers. Just something to consider before jumping in head-first, especially with a multi-million dollar portfolio. Gold's track record as a long-term hedge is pretty hard to beat.

nancy_hall💰Established (100-250k)Real Investor•less than a minute ago

Hey, that's a smart move thinking about palladium! It definitely has some unique industrial demand that sets it apart from gold. One thing to keep in mind, though, is the bid-ask spread can be wider for palladium than gold or silver, especially for smaller quantities. Makes sense for larger positions like yours though.

You might find this APMEX article comparing palladium and gold interesting. It breaks down some of the supply and demand factors that could affect future prices. Good luck with your diversification!

timothy_reed💎Premium (500k-1m)Real Investor•less than a minute ago

Totally agree with this! Diversification is key, especially if you're holding that much in one asset. I've been looking at palladium too for my own IRA, though not at your level of holdings. Mine's more like 5% of my retirement portfolio in physical gold, and I'm eyeing a 1-2% allocation to palladium to start. Seems like a smart move to spread out that risk a bit.

The biggest mistake retirees make with their 401(k)

Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

Under $100k? Compare options →