Palladium

Not all commodities are at new all time highs.

Palladium for example is about 60% below its 2001 highs. This volatile metal was trading anywhere between ~1100$ and less then 100$ over the last 30 years.

There are several ways to invest, trade and speculate in palladium:

1) Physical palladium: Palladium ETF (LSE: PHPD) and palladium maple coins.

2) Palladium derivatives: Futures (Nymex: PA)

3) Palladium mining stocks: SWC, PAL.

LSE Precious Metals ETFs

In addition to the new SWISS Precious Metals ETF's, Five new physical precious metals ETF's are issued on the London Stock Exchange:


Physical Platinum, LSE code: PHPT
Physical Palladium, LSE code: PHPD
Physical Silver, LSE code: PHAG
Physical Gold, LSE code: PHAU
Physical PM Basket, LSE code: PHPM


source

Producers oppose platinum ETF

Normally one would think that a producer would always be happy to see the product price climbing. According to AngloPlat and Impala Platinum this is not the case…

"Trevor Raymond, head of investor relations at AngloPlat, said the world’s largest platinum producer was opposed to against the launch of a platinum as the fund would put upward pressure on prices and would have a negative impact on jewellery demand."


"Bob Gilmour, investor relations manager at Impala Platinum, the world’s second-largest producer, said it was important to retain a sense of perspective about ZKB’s plans as they did not involve a large amount of platinum but cautioned that the timing of the fund’s launch was poor."

-source


"Given the current market conditions, it's probably not the opportune time to launch a product like this because it's just going to put further upward pressure on the price," said Bob Gilmour, manager of investor relations.

"In the longer term, this is not what you want for demand because it causes attempts at substitution."


_source


Producers have been worried about spikes in platinum prices since that increases the threat of possible substitutions being developed for the metal.

-source


Related :

SWISS Platinum, Palladium & Silver ETFs


Platinum ETF ?

Platinum, Palladium & Silver ETFs

Last November it was a bad idea now it’s a good one?



Zuercher Kantonalbank, the biggest of Switzerland's 24 government-controlled cantonal lenders, will launch exchange-traded funds (ETFs) for three precious metals, including platinum, after it launched a gold ETF early last year.

The bank plans to list the new ETFs, based on silver, platinum and palladium, on the SWX Swiss Exchange and trading is scheduled to start on May 10, the bank said in a press release on April 13. The new investment products are designed for wealthy private clients and institutional investors, it said. -source


Price wise it seems like none event for now...

Platinum Spot



Palladium Spot

Commodity ETF , Now In Italy

ETF Securities to launch 31 Exchange Traded Commodities products in Milan

ETF Securities Ltd, which offers investors access to a range of commodities on multiple exchanges, said it is launching 31 exchange traded commodities (ETC) on the Milan stock exchange, following similar launches in Paris, Frankfurt, Amsterdam and London.

On the new listings, head of listings at ETF Securities Nik Bienkowski said: 'We are enabling investors to tap into the ever-increasing appetite for commodities and to trade easily and cheaply on a single platform.'

The launch of the ETCs on Borsa Italiana, where investor demand has prompted the bourse to create a new specific segment on the ETFplus market, will take place next week and comprise 21 individual securities and 10 index securities.

Among the 21 separate classes of commodity securities are aluminium, brent oil, coffee, crude oil, gold and sugar. The baskets of commodities indices include the ETFS Agriculture DJ-AIGCISM, ETFS Energy DJ-AIGCISM as well as ETFS Industrial Metals DJ-AIGCISM.

ETCs, like exchange traded fund (ETFs), enable investors to trade commodities through ordinary brokerage accounts and can be bought and sold the same day by investors on a regulated exchange in the same way as any equity.

Since Sept 2006, ETF Securities said that assets under management on these 31 ETCs have increased by about 200 pct to over 500 mln usd. The rapid growth in assets highlights the investor demand for easy access to new asset classes, it added.

source

Platinum ETF ?

Platinum miners have warned that new proposals to introduce an exchange-traded fund (ETF) would put further pressure on the precious metal's production.

The world's largest miners of platinum have pointed out that the platinum market is currently close to tipping point, with demand close to supply.

But plans for an ETF could push demand way ahead of production levels, because such a fund requires an equal amount of metal stored in a vault for every ounce of ETF platinum bought.

Sandy Wood, commercial director of Anglo Platinum, said that this would put even more pressure on producers in an already tight market.

This view was confirmed by Impala Platinum's marketing director, Derek Engelbrecht, who told Business Report: "We would probably be against an ETF."

Other top platinum miners have also opposed the plans, despite the fact that ETFs are used in both the gold and silver markets. -source

31 Exchange Traded Commodities on Deutsche Börse's

On Friday, ETF Securities listed 31 ETCs on Deutsche Börse's Xetra platform, comprising 21 individual securities and 10 index securities.

The 21 separate classes of commodity securities available are:

Aluminium, Brent Oil, Coffee, Copper, Corn, Cotton, Crude Oil, Gasoline, Gold, Heating Oil, Lean Hogs, Live Cattle, Natural Gas, Nickel, Silver, Soybean Oil, Soybeans, Sugar, Wheat, WTI Oil & Zinc.

The 10 baskets of commodities are:

All Commodities, Agriculture, Energy, Ex-Energy, Grains, Industrial Metals, Livestock
Petroleum, Precious Metals, Softs.

source

Crude OIL WTI Elliott wave count ; USO AMEX ETF

Crude Oil - one of the most important commodities if not the most important. Since the USO ETF(United States Oil Fund Lp)IPO Investors or stock traders can get direct exposure to the price of WTI crude oil.

CRB commodity index & DBC commodity ETF

I read a lot of bearish comments about commodities and gold, some even claiming it's a commodity bubble. Let's look at the charts (the facts):

Short term (daily chart) the CRB commodity index is correcting a little bit:

Long term (weekly chart), do you see the trend? , yes it's clearly up:




Deutsche Bank has done a good job with its DBC commodity ETF. Since the DBC IPO (February 2006) the DBC outperformed the CRB commodity index. DBC tracks the DBLCI index (Crude Oil, Heating Oil, Gold, Aluminum, Corn and Wheat)




Investors who don’t trade futures contracts might use the DBC ETF to get direct exposure to commodity prices.

Crude Oil Futures (NYMEX: CL) , USO (oil ETF) Charts

Crude Oil broke out of a triangle pattern and made a short term top at ~ 75$ it then headed back down to retest the triangle , this is technically normal and the initial price target for WTI crude oil remains ~81$ . See previous Crude Oil posts

DBC , ( DBLCI ) Deutsche Bank COMMODITY ETF ; update

DBC returns are expected to track the performance of the DBLCI. The DBLCI is a rules -based index, comprised of Crude Oil, Heating Oil, Gold, Aluminum, Corn and Wheat. DBC has passed its IPO price and support is expected ~ 24$ in the case of a pullback, but it can continue to keep going – depending on the underlying commodities. Volume at around 1/2 million shares per day, is still very low and the public interest seems mild.

See Gold (XAU) , Silver (XAG) charts.

United States Oil Fund Lp (AMEX: USO)

Victoria Bay Asset Management, LLC has recently listed the United States Oil Fund, LP (USO) on the American Stock Exchange (Amex).

USO's returns are expected to track the price movements of West
Texas Intermediate (WTI) light, sweet crude oil.
USO will invest its assets in futures contracts for WTI light, sweet crude
oil and other petroleum-based fuels that are traded on regulated futures
exchanges in the U.S. and elsewhere and other oil interests such as
cash-settled options on oil futures contracts, forward contracts for oil,
and over-the-counter transactions that are based on the price of oil.

http://www.unitedstatesoilfund.com/

Commodity ETF DBC (DB)

DBC returns are expected to track the performance of the DBLCI. The DBLCI is a rules -based index, comprised of Crude Oil, Heating Oil, Gold, Aluminum, Corn and Wheat.

Click on the chart to enlarge:

DBC - More info about the new Commodity ETF

DBC returns are expected to track the performance of the DBLCI. The DBLCI is a rules -based index, comprised of Crude Oil, Heating Oil, Gold, Aluminum, Corn and Wheat. The DBLCI is calculated based on six liquid futures contracts on the commodities comprising the Index. DBC also will generate interest on cash invested in the tracking fund. The indicative value of the DBLCI and DBC will be calculated every 15 seconds and posted to the consolidated tape during the AMEX trading hours.
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