With the recent instability in the stock market and in world affairs, you may be looking for the most stable investment solution you can get. Exchange traded funds , or ETFs, were launched in the early part of the 21st century as a way of tracking” the price of certain products, mostly commodities. There are ETFs for crude oil, natural gas, gold, silver, and a host of other products. The upside of ETFs is that they trade like stocks and move pretty much exactly how the spot futures move. Spot futures are the most actively traded futures on the exchange that represent the most accurate near-term, or spot,” price of a commodity.
You can purchase commemorative silver bullion coins, but they have a significant markup above the metal price. Silver coins are more typically available in numismatic varieties. These are largely coins minted in previous centuries, that carry prices well above the bullion value. This is due to the fact that the coins are popular with collectors and increasingly rare.
Because of their unusually large stake in the rapidly appreciating commodity, Nelson Bunker Hunt and William Herbert Hunt, the sons of Texas oil billionaire Haroldson Lafayette Hunt, Jr., were accused of attempting to “corner” the market in silver in order to manipulate its price.
Substitution – Substituting palladium for other metals within the auto industry is something which is coming under and increasing amount of scrutiny. This is in large due to the high price of palladium, and also the fact that a number of substitutes, including platinum can be used. With that in mind though, platinum is not a direct substitute that can be easily used, so car makers are still largely reliant on palladium.
Sprott Asset Management LP is the investment manager to the Sprott Physical Bullion Trusts (the Trusts”). Important information about the Trusts, including the investment objectives and strategies, purchase options, applicable management fees, and expenses, is contained in the prospectus. Please read the document carefully before investing ( available here ). Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. This communication does not constitute an offer to sell or solicitation to purchase securities of the Trusts.