Palladium Shifts Into High Gear [ETFS Physical Palladium Shares, Sprott Physical Platinum and Palladium Trust]

Bottom Line: Palladium Should Shine

There are only about 8.6 million ounces of palladium produced every year.

The palladium supply deficit is expected to widen to a Grand Canyon-esque 2 million ounces this year. And that’s up from estimates made just a month ago of 1.6 million ounces.

So can prices go higher from here? Yes!

An easy way to play this trend is by investing in funds that hold physical palladium. Two examples:

  • ETFS Physical Palladium Shares (NYSEARCA:PALL) holds the physical metal. It has average daily volume of 64,000 shares and charges a 0.49% yearly fee. If you’re in it for a short-term trade, that’s a good way to do it.
  • Sprott Physical Platinum and Palladium Trust(NYSEARCA:SPPP) holds both platinum and palladium bullion. It has average daily volume of 137,000, and total annual expenses are 0.85%.

Good investing,

by Sean Brodrick, Resource Strategist

Investment U provides cutting-edge research and strategic financial recommendations for all levels of investors through its morning publication Investment U Daily and its related publications.

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