There are those who strongly believe that emerging market growth is fueling fantastic demand for metals of all kinds — precious metals, industrial metals and “semi-precious” metals. Others look at the U.S. dollar’s decade-long slide, viewing commodities as an effective currency hedge against continuous greenback devaluation.
Regardless of your reason for investing in precious metals like gold and silver… regardless of your reasons for getting exposure to nickel, tin or zinc… you’ve gotten the upper hand on most stock assets in 2010. “Metal mania” is backed up by sterling year-to-date percentage gains:
| “Metal Mania” Approximate Performance Through 10/4/10 | |||||
| YTD % | |||||
| iPath DJ-UBS Tin (JJT) | 47.4% | ||||
| iShares Silver Trust (SLV) | 30.2% | ||||
| iPath DJ UBS Nickel (JJN) | 27.9% | ||||
| ETFS Securities Physical Palladium (PALL) | 24.9% | ||||
| SPDR Gold Trust (GLD) | 19.9% | ||||
| iPath DJ-AIG Copper (JJC) | 6.6% | ||||
| iPath DJ-AIG Industrial Metals (JJM) | 3.1% | ||||
| S&P 500 SPDR Trust (SPY) | 2.7% | ||||
In spite of the enormous success investors are having with traditional metal investments, there’s a cadre of forward-thinking people who want access to rare earth metals. Yet, as of today, there isn’t an exchange-traded vehicle for accessing the 15 rare earth elements (rare earth metals) that are numbered 57 through 71 on the Periodic Table of Elements. (more)
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