The movements and potential movements of the yellow precious metal often grab the spotlight, even if there are other assets outperforming it. It is always important for investors to look beyond the major headlines to get a better perspective of the trends impacting the overall commodity world. [This article does just that and also identifies 3 ETFs to possibly take advantage of these trends.] Words: 440
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), may have edited the article below to some degree for length and clarity – see Editor’s Note at the bottom of the page for details. This paragraph must be included in any article re-posting to avoid copyright infringement.
Cummans goes on to say in part:
The precious metal has been under a microscope since the announcement of QE3 and the impending fiscal cliff and, as is typical for the commodity world, all eyes have been fixated on gold in recent months.
Some have called for gold to surge to new historical highs [Read: Goldrunner: Gold’s Extremely Bullish Backdrop Setting Stage for Run to $2,050, Then $2,400, Then $4,500 and Ultimately $10,000-12,000!], while others are not quite so sure [Read: My Case Against the Case Against The Case Against Gold] but one thing is certain, gold is getting handsomely outperformed by all three of its precious metal counterparts in recent weeks, as the safe haven metal has failed to keep pace as of late.
Gold
All in all, gold has had a strong 2012, up more than 11%, but its performance in recent weeks has been overshadowed by silver, palladium and platinum. In the trailing four-week period, gold has gained just 2%, as its price has kicked back and forth depending on what news of the fiscal cliff and euro debt woes came about. [Read: Here Are 50+ Different Ways to Invest in Gold]
The other three white metals have been able to turn in much stronger performances.
Platinum
Up by 4.3%.
Silver
Up by 6.3%. [Read: Why You Should Now Invest in Silver vs. Gold]
Palladium
Up 11.7%.
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Below, we outline the most popular ETF for adding exposure to the above three precious metals for anyone looking to play the hot hand for the time being.
- iShares Silver Trust (SLV): This physically-backed silver product has more than $10 billion in assets and sees more than 10.2 million shares trade on a daily basis. As far as silver exposure is concerned, investors will be hard pressed to find a more liquid and stable option.
- Physical Platinum Shares (PPLT): This platinum fund has just over $770 million in assets and has enjoyed gains of nearly 16% thus far in 2012.
- Physical Palladium Shares (PALL): Though it is the smallest of the three funds with just under $500 million in assets, PALL still offers a nice liquidity and physically-backed structure for investors. Note that while this fund has been surging in recent weeks, it is still only up 1.7% on the year, as it got off to a rocky start in 2012.
*http://commodityhq.com/2012/three-metals-outshining-gold/ (Don’t forget to subscribe to our free daily commodity investing newsletter.)
Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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