How New Palladium, Platinum ETFs Will Change Supply and Demand
Thursday, January 7, 2010 : PermalinkSeeking Alpha – The world is about to entertain two new investment vehicles that could have a profound effect on the prices of two very rare and very necessary metals — palladium and platinum.
Unlike gold, which we do not “need” for that many purposes, platinum and palladium not only make for pretty jewelry but are essential to various chemical and electronic processes. Crucially, one or the other of these two metals must be present as a catalyst in a catalytic converter for an internal combustion engine, whether diesel or gasoline powered.
