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    Palladium in my IRA - Worth it these days?

    Key Takeaways
    • I’ve had most of my PM holdings in gold for the last 15 years, mostly physical, but around half a million in a Gold IRA.
    • My Gold IRA is still heavily weighted towards physical gold (American Gold Eagles mainly), and some silver.
    • Gold's been good to me, especially during these past few years of uncertainty.
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    Been seeing a lot of chatter lately, especially with the economic forecasts, about diversifying beyond just gold and silver in IRS-approved precious metals IRAs. I’ve had most of my PM holdings in gold for the last 15 years, mostly physical, but around half a million in a Gold IRA. As someone who's seen a few boom-bust cycles in the oil industry here in Dallas, I'm always looking at the long game, but also sensitive to market sentiment.

    My Gold IRA is still heavily weighted towards physical gold (American Gold Eagles mainly), and some silver. Gold's been good to me, especially during these past few years of uncertainty. But palladium... that's always been a bit of a wildcard in my mind. Remember when it shot up like crazy, and then dipped? That kind of volatility makes me a little hesitant for something I'm tucking away for retirement, you know? On the flip side, it has some serious industrial demand, which gives it a different kind of floor than just safe-haven appeal.

    I was playing around with a Gold IRA Calculator the other day, just plugging in some hypothetical figures for an additional allocation, and it got me wondering. If I were to carve out, say, 5-10% of my current IRA and put it into palladium, how are people feeling about that move right now? Is the current price point a decent entry, or are we still looking at too much risk given geopolitical factors and the automotive industry's push towards EVs?

    Anyone here in a similar boat, or have a chunk of palladium in their IRA? What’s your rationale? Are you bullish on its long-term prospects, or do you view it more as a shorter-term tactical play? Just trying to gauge the temperature before I seriously consider rebalancing anything. Always appreciate the insights from this community.

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    4 comments

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    Best Answer▲ 10 upvotes
    M
    michael_anderson🏆Advanced (250-500k)

    Hey, that's a solid question about palladium. It's definitely had some interesting price swings. One thing often overlooked when considering palladium for an IRA is the spread between buying and selling prices, which can sometimes be wider than for gold or silver. Also, finding a custodian that handles palladium can be slightly trickier, so make sure to check that out before you get too deep down the rabbit hole.

    You might find this article on diversification beyond gold and silver helpful: Investopedia: Why Invest in Palladium? It gives a good overview of the pros and cons! Good luck with your research.

    Comments (4)

    1
    charles_lewis💎Premium (500k-1m)Real Investorless than a minute ago

    Totally feel this! I was in a similar boat a few years back, all gold, all the time. Then I started looking into palladium and platinum for my IRA. Didn't go super heavy into palladium, but allocated a small percentage. Honestly, it's been a wild ride, but I'm glad I diversified. It's definitely something to consider if you're feeling the "all eggs in one basket" anxiety.

    1
    joshua_phillips🏆Advanced (250-500k)Real Investor✓ Verifiedless than a minute ago

    Hey, interesting post! When you say "chatter lately... about diversifying beyond just gold and silver," what other specific metals are you hearing mentioned as good IRA options? Just curious.

    4
    richard_garcia👑Elite (1m-5m)Real Investorless than a minute ago

    Honestly, I'm not so sure about palladium right now. While it's had its moments, the EV transition is a pretty big headwind for its primary industrial use. Gold and silver still feel like the safer long-term bets for an IRA, especially if you're looking for that real store-of-value play rather than speculative gains. Just something to consider!

    10
    michael_anderson🏆Advanced (250-500k)Real Investorless than a minute ago

    Hey, that's a solid question about palladium. It's definitely had some interesting price swings. One thing often overlooked when considering palladium for an IRA is the spread between buying and selling prices, which can sometimes be wider than for gold or silver. Also, finding a custodian that handles palladium can be slightly trickier, so make sure to check that out before you get too deep down the rabbit hole.

    You might find this article on diversification beyond gold and silver helpful: Investopedia: Why Invest in Palladium? It gives a good overview of the pros and cons! Good luck with your research.

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