SPROTT Special Report: The Palladium Play – Part 1
January 2019The Palladium Play – Part 1By John Ciampaglia, CFA, CEO, Sprott Asset Management“Palladium is a key component for ICE autocatalysts. While the escalating U.S.-China trade war hurt many commodities in 2018, palladium continued to rise. Spot palladium gained 18.6% in 2018 and has soared 124% since the beginning of 2016…. “Russia, the world’s largest palladium producer, holds its official supply levels as a state secret. Many industry experts believe that Russia’s stockpiles have been largely sold. Supply concerns were further heightened in April 2018 when the U.S. levied more sanctions against Russia.” The White-Hot Metal Climbed 18% in 2018 and Doubled in Three Years
Source: Bloomberg. XPT represents platinum; XAU represents gold; XPD represents palladium, XAG represents silver; SPXT represents the S&P 500 Total Return Index. Financial Advisors and Individual Investors Please contact the Sprott Team at 888.622.1813 for more information and answers to your questions or email us at invest@sprott.com. Ed Coyne Sergio Lujan Matthew Harrison To no longer receive electronic communications from us, please contact us at unsubscribe@sprott.com and indicate in the subject line your full name and/or corporate entity name. This email and any attachments may contain confidential information. If you are not the intended recipient, please notify the sender immediately by return email, delete this email and destroy any copies. Any dissemination or use of this information by a person other than the intended recipient is unauthorized and may be illegal. Information and/or materials contained herein is for informational purposes only, and does not constitute an offer to sell or a solicitation for or an offer to buy any securities. Sprott Inc. |
