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The launch of these controversial ETFs could spark a big precious metals rally
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Thursday, April 23, 2009
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By Lara Crigger, Hard Assets Investor:

Earlier this month, London-based ETF Securities (ETFS) filed papers to bring the first bullion-backed platinum and palladium ETFs to the U.S. - a move that may shock many longtime precious metal investors.

After all, the last time the idea of stateside platinum and palladium ETFs was floated, way back in 2007, it met with so much resistance that ETFS chairman Graham Tuckwell personally quashed the rumors, telling Reuters, "I don't think there will be a listed platinum or palladium ETF in the United States."

This time, however, the filing was met with almost complete silence. What changed?

Read full article...

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Topics: Precious Metals | ETFs | Commodities
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