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    Thinking about palladium for inflation – anyone else

    Key Takeaways
    • inflation is really starting to get under my skin here in Cleveland.
    • Every time I fill up my truck or see the grocery bill, it just screams that my cash is losing value, and fast.
    • As a manufacturing exec, I just *get* hard assets, you know?
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    inflation is really starting to get under my skin here in Cleveland. Every time I fill up my truck or see the grocery bill, it just screams that my cash is losing value, and fast. I’ve been pretty happy with my Gold IRA for a while now – got about $300k in it, which I started building up about 5 years ago when I first started moving up the ladder at work. As a manufacturing exec, I just get hard assets, you know? There's something tangible about precious metals that sitting on paper stocks just doesn't replicate for me. For me, it's a solid hedge against all this economic uncertainty.

    My question is about expanding that inflation protection strategy. I've been looking into palladium, specifically for a Palladium IRA. Gold has done its job, definitely. But with all the recent news about supply chain issues affecting auto manufacturers (and platinum group metals being critical for catalytic converters), it seems like palladium could really shine as a long-term play against inflation too. It’s hard to ignore the industrial demand.

    Has anyone here diversified into palladium alongside their gold or even instead of some of it? What are your experiences? I’m particularly interested in how it’s performed for you during periods of high inflation. I’ve heard it can be more volatile than gold, which gives me a slight pause, but the potential upside feels pretty significant given its industrial utility. Just trying to see if I'm thinking about this right or missing some obvious downsides.

    Also, sidebar for anyone new looking into this: I used the Eligibility Checker on Gold IRA Blueprint when setting up my initial Gold IRA way back when. It was super helpful for figuring out if I even qualified for a precious metals IRA in the first place, rather than just guessing. Might be useful for anyone considering palladium too, as the rules are generally similar for precious metals IRAs.

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    14 comments

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    Best Answer▲ 19 upvotes
    M
    matthew_murphy👑Elite (1m-5m)
    While I appreciate the diversification angle with palladium, especially given its industrial demand, my portfolio's precious metals allocation remains firmly planted in gold, particularly via my Gold IRA. After that nasty inflation spike in '21-'22 ate away at a good chunk of my tech holdings, I shifted about 15% of my 3 million (USD) into physical gold, stored securely, and honestly, the stability it’s offered through these turbulent times right here in Dublin has been a much-needed anchor. For me, palladium just doesn't have the same centuries-deep track record as a universal store of value, which is crucial when you're talking about genuine long-term wealth preservation.

    Comments (14)

    2
    ronald_morris👑Elite (1m-5m)Real Investorabout 2 months ago

    Honestly, while palladium has had its moments, I'm not entirely convinced it's the *best* inflation hedge compared to gold or even silver. Its industrial demand is a huge part of its price, and if the economy slows down significantly, that could hit palladium harder than the more traditional safe-havens. Just something to consider before going all-in!

    1
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 2 months ago

    Totally feel you on the inflation anxiety. It's wild out there. I actually did something similar a few years back, but with silver. My Gold IRA was doing its thing, but I wanted to diversify a bit more within precious metals as a hedge. No regrets so far, it’s given me a bit more peace of mind.

    7
    joyce_cooper📊Growing (50-100k)✓ Verifiedabout 2 months ago

    Totally get the inflation anxiety, it's brutal out there. The Gold IRA sounds like a solid foundation. You mentioned palladium, which is interesting. Have you looked much into the industrial demand side of palladium vs gold, especially with the EV push? Wondering if that factored into your thinking.

    6
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Hey there! Palladium definitely has some interesting properties for inflation hedging, especially with its industrial demand. Since you're already in a Gold IRA, have you looked into adding platinum as well? It often gets overlooked but can offer good diversification within the precious metals space, sometimes at a lower price point than gold or palladium. Here's a quick Investopedia article that breaks down the differences and potential benefits of each. Might be worth a read!

    9
    joyce_cooper📊Growing (50-100k)✓ Verifiedabout 2 months ago

    Totally feel this. I'm in a similar boat, though not quite Cleveland. The grocery bills alone are enough to make you question things.

    I've also been looking at palladium for the same reasons. My Gold IRA is doing well, but I'm thinking of adding some palladium as a smaller percentage, maybe 10-15% of my precious metals, just as an extra layer of defense. It's an interesting thought, for sure.

    16
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 2 months ago

    Interesting thought on palladium, but honestly, I've had better peace of mind sticking with what's proven. My portfolio, which sits comfortably in the mid-six figures, primarily relies on my gold IRA. I did a 401k rollover into precious metals a few years back, and the tax advantages alone have been huge for my retirement savings here in Portland.

    6
    michelle_collins🏆Advanced (250-500k)Real Investorabout 2 months ago

    Palladium's an interesting one, for sure. While I considered it a few years back when I was really digging into inflation hedges, I personally ended up sticking with gold for my IRA. The liquidity and long-term historical stability of gold felt more aligned with my retirement goals, especially after seeing some of the price volatility palladium experienced around 2022. I'd definitely recommend looking at the spread costs and storage options carefully for palladium; with gold in a Roth Gold IRA, those were pretty straightforward through Augusta Precious Metals, but it might be different for other metals.

    5
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Palladium's an interesting one for sure, especially with industrial demand. For me, though, I've stuck mostly to gold for my inflation hedge, particularly within my IRA. A few years back, when I was really digging into rebalancing my portfolio (around $750k at the time) here in Austin, I found a tool that really helped visualize the long-term plays. For any silver fans out there, or if you're curious about different metal performance, check out the Silver vs Stocks comparison at https://silvervsstocks.goldirablueprint.com/?period=10Y – it really puts things into perspective over a 10-year span.

    9
    elizabeth_johnson💰Established (100-250k)Real Investor✓ Verifiedabout 2 months ago

    Interesting thread. I've only just started dipping my toes into precious metals myself; grabbed a Gold IRA account last year, put in about $150k from a rollover and some fresh contributions. Haven't even considered palladium until now, honestly. Is the spread on palladium coins/bars as crazy as I hear, or is it more manageable for smaller allocations? I'm in Atlanta, so trying to figure out if there's even a local dealer network for it.

    16
    jennifer_martinez💰Established (100-250k)Real Investor✓ Verifiedabout 2 months ago

    Palladium's an interesting one, for sure. While I've mostly stuck to gold in my IRA, specifically the American Gold Eagle from Augusta Precious Metals, I did look into palladium a few years back. What really helped me understand the differences and potential gotchas was this comprehensive breakdown on Kitco's research page about precious metals. It really highlights the industrial demand impact, which is way different than gold's safe-haven status. For my 200k portfolio here in Miami, gold just felt like the more stable anchor.

    19
    matthew_murphy👑Elite (1m-5m)Real Investorabout 2 months ago

    While I appreciate the diversification angle with palladium, especially given its industrial demand, my portfolio's precious metals allocation remains firmly planted in gold, particularly via my Gold IRA. After that nasty inflation spike in '21-'22 ate away at a good chunk of my tech holdings, I shifted about 15% of my 3 million (USD) into physical gold, stored securely, and honestly, the stability it’s offered through these turbulent times right here in Dublin has been a much-needed anchor. For me, palladium just doesn't have the same centuries-deep track record as a universal store of value, which is crucial when you're talking about genuine long-term wealth preservation.

    16
    donna_rogers🏆Advanced (250-500k)Real Investorabout 2 months ago

    I've been following this topic closely and really appreciate the insights here.

    0
    paul_hill🏆Advanced (250-500k)Real Investor✓ Verifiedabout 2 months ago

    Palladium, huh? Interesting. You know, I bought into physical gold back in '19, right before everything went sideways. The whispers then were about the trade war, global instability, and my gut just told me to move some of my savings out of stocks and into something tangible. My wife was hesitant at first, said it felt like something out of a doomsday prepper's guide, but when I showed her the price charts and explained how gold historically holds its value through turbulence, she eventually agreed. Watching the market dip and then gold just steadily climb while everything else was getting hammered was a feeling I won't soon forget — a mix of relief and validation that honestly brought a tear to my eye. Since then, it's been the bedrock of my portfolio, and frankly, it let us sleep a lot easier during those wild couple of years.

    17
    diane_bailey💰Established (100-250k)Real Investorabout 2 months ago

    Palladium's interesting, but after watching my neighbor practically lose his shirt on speculative ventures just a few years back, I opted for something I could literally hold. The 2008 crash hit my 401k HARD, and honestly, the thought of another market freefall without a tangible anchor kept me up at night. That's why I poured about $150k into a Gold IRA back in 2017; seeing those physical American Gold Eagles and Canadian Maples arrive at the depository gave me a sense of security that no paper asset ever could.

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