Palladiumm ETF Lower than Aluminum In the Next 2 Weeks

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.”
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