Article: Playing Platinum and Palladium Ahead of the ETF Launch

Posted on | April 22, 2009 |

Speaking of articles, I have a new one up at Hard Assets Investor, titled “Playing Platinum and Palladium Ahead of the ETF Launch“. The article’s basically about how ETF Securities’ new platinum and palladium ETFs could impact the markets for both metals.

From the article:

Earlier this month, London-based ETF Securities (ETFS) filed papers to bring the first bullion-backed platinum and palladium ETFs to the U.S. - a move that may shock many longtime precious metal investors.

After all, the last time the idea of stateside platinum and palladium ETFs was floated, way back in 2007, it met with so much resistance that ETFS chairman Graham Tuckwell personally quashed the rumors, telling Reuters, “I don’t think there will be a listed platinum or palladium ETF in the United States.”

This time, however, the filing was met with almost complete silence. What changed?

Blame it on the Big Three. The auto industry’s collapse has changed everything, making it possible for ETFS to bring its platinum and palladium funds - already very successful in Europe - to the States.

But as investors grow increasingly hungry for safe havens and cold, hard bullion, could the new funds mean shortages ahead?

Read the full article here

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