Don Vialoux
ETFS White Metals Basket Trust
WITE-N
TOP PICK
Dec 31, 2014
1/2 silver, 1/3 platinum and 1/6th palladium. Technically the sector has been performing a nice little base pattern, and looks like it is ready to move higher. A move above its trading range will set the stage for a significant move on the upside. Demand for silver, platinum and palladium is increasing in the summer time. The demand for platinum and palladium comes from the auto industry for catalytic converters. Demand for autos in the US next year is expected to go from 16.8 million to 17.5 million.
Don’t buy GOLD, buy the White metals. It has to do with industrial demand. You can buy them in one trade with an ETF. Silver, Platinum, Palladium. Seasonally it should move over the next few months. Palladium is already moving.
1/2 silver, 1/3 platinum and 1/6th palladium. Technically the sector has been performing a nice little base pattern, and looks like it is ready to move higher. A move above its trading range will set the stage for a significant move on the upside. Demand for silver, platinum and palladium is increasing in the summer time. The demand for platinum and palladium comes from the auto industry for catalytic converters. Demand for autos in the US next year is expected to go from 16.8 million to 17.5 million.