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.
ETFS White Metals Basket Trust is a OTC stock, trading under the symbol WITE-N on the (). It is usually referred to as or WITE-N
In the last year, there was no coverage of ETFS White Metals Basket Trust published on Stockchase.
ETFS White Metals Basket Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for ETFS White Metals Basket Trust.
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In the last year, there was no coverage of ETFS White Metals Basket Trust published on Stockchase.
On , ETFS White Metals Basket Trust (WITE-N) stock closed at a price of $.
(Top Pick Dec 31’14, Up 6.61%) Seasonally strong until the end April. Broke out of a gorgeous double bottom pattern Friday.