ETPMPD is the physical purchase of a beneficial interest in palladium 1/10 of Troy oz held by JP Morgan Chase Bank in London
Palladium, Russia is largest producer at 43% , followed by Sth Africa 33% , 2021 figures ,
been driven down along with nearly all commodities
while share market is at highs , driven by the five consumer coys
and the billions the US is spending on Ukraine ( mostly being spent on their industrial base and without the loss of US servicemen lives )
price moved somewhat significantly two nights ago Monday night but never can tell if it will continue in this ‘ sideways ‘ market
the lows appear to have happened ( without a major event happening , geopolitically ) forecast is for shortages and a price many multiples of todays price ,
first time mentioned
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