All that glitters is not gold

The Sydney Morning Herald.com reports that ETF’s currently represent a good way for investors to get exposure to palladium.

The editorial is quoted as saying:

ETFs are a very clean way of investing in more exotic assets. Palladium, for example, has its own market in London linked to the platinum market. It quotes a daily price in American dollars, which is converted into Australian dollars, less a half of one per cent annual management fee. Like all precious metals’ funds, the palladium ETF is backed by holdings of the palladium metal which are held in a bank in the United States.

 To access the full editorial, click here.