2013 a Good Year to Invest in Physical Palladium

Precious Metals

In a report for Sprott Inc. (TSX:SII), David Franklin noted that 2012 demand statistics for palladium will be bullish for the metal this year and recommended that miners take positions in the metal itself.

In a report forĀ Sprott Inc. (TSX:SII), David Franklin noted that 2012 demand statistics for palladium will be bullish for the metal this year and recommended that miners take positions in the metal itself.

As quoted in the market news:

As reported by Bloomberg, holdings of all platinum ETFs have increased by 30% since the beginning of this year and palladium holdings have increased by 16%. Both are healthy increases over a short period of time, highlighting investorsā€™ preference for the metal over the miners. Given the data and opinions provided at Platinum Week, we continue to believe in a bright future for these two precious metals.

Click here to read the fullĀ Sprott Inc. (TSX:SII) report.

The Conversation (0)
Ɨ