The Conversation (0)
Palladiumm ETF Lower than Aluminum In the Next 2 Weeks
May. 13, 2010 08:10PM PST
Precious Metals Investing
According to commodity strategist at RBS Daniel Major, since there is an increase in aluminum (Al) of $500 per metric ton its ETF is more likely than Palladium (Pd). This means that for Q1 of 2010 the ETF for palladium consumption worldwide was equivalent to 28%.
David Thurtell, a Citigroup analyst is quoted saying:
“The abundance of […]
According to commodity strategist at RBS Daniel Major, since there is an increase in aluminum (Al) of $500 per metric ton its ETF is more likely than Palladium (Pd). This means that for Q1 of 2010 the ETF for palladium consumption worldwide was equivalent to 28%.
David Thurtell, a Citigroup analyst is quoted saying:
“The abundance of aluminum stocks makes an aluminum ETF more likely than a nickel or copper ETF.”
Click here to access the entire news