MU, Chinese New Year Edition, Feb. 1st, '22;

[Yodean]

2 questions:

1) pg. 13 - CCMP should be "Cabot Microelectron," not "CMC Materials, Inc.," I am assuming.

2) @TIT: could you recommend a decent palladium bullion ETF?

[Budge]

2 questions:

1) pg. 13 - CCMP should be "Cabot Microelectron," not "CMC Materials, Inc.," I am assuming.

2) @TIT: could you recommend a decent palladium bullion ETF?

ETF as opposed to stocks?

Sibanye, Ivanhoe, Impala?

[Budge]

2 questions:

1) pg. 13 - CCMP should be "Cabot Microelectron," not "CMC Materials, Inc.," I am assuming.

2) @TIT: could you recommend a decent palladium bullion ETF?

If you want an etf have a look at PALL, holds bullion rather than futures:

https://www.etf.com/PALL#overview

[Yodean]

If you want an etf have a look at PALL, holds bullion rather than futures:

https://www.etf.com/PALL#overview

Thanks! Entered on the watchlist.

In other news, Rothschild descendant Zuckerberg's stuff taking a bloody beating of beatings in afterhours trading ... glad I sold some Skynet today, will need it to finance the acquisition of a big lot of FBIbook tomorrow ...

[SOL]

2 questions:

1) pg. 13 - CCMP should be "Cabot Microelectron," not "CMC Materials, Inc.," I am assuming.

2) @TIT: could you recommend a decent palladium bullion ETF?

Cabot Microelectronics Corporation Announces It is Now CMC Materials, Inc. and Declares Quarterly Cash Dividend

https://www.cmcmaterials.com/investors/ ... fault.aspx

[harryg]

Just wanted to say that this newsletter contains a lot of wisdom in the first few paragraphs...

(By wisdom I mean, of course, things with which I agree).

[harryg]

In other news, Rothschild descendant Zuckerberg's stuff taking a bloody beating of beatings in afterhours trading ... glad I sold some Skynet today, will need it to finance the acquisition of a big lot of FBIbook tomorrow ...

Indeed, no-one else interested in Meta? Guidance wasn't great, but 20% off overnight...

[RMSLSP]

2 questions:

1) pg. 13 - CCMP should be "Cabot Microelectron," not "CMC Materials, Inc.," I am assuming.

2) @TIT: could you recommend a decent palladium bullion ETF?

ETF as opposed to stocks?

Sibanye, Ivanhoe, Impala?

I have the same doubt, i´m in europe, how could I buy physical palladium here (I guess with Larry that Sol recommends wouldn´t be cost efficient) or could I instead choose some group of stocks? I use interactive brokers and it doesn´t let me invest in etfs.

[AstuteShift]

Just wanted to say that this newsletter contains a lot of wisdom in the first few paragraphs...

(By wisdom I mean, of course, things with which I agree).

It’s always good stuff to keep you in check and also points to improve.

I’m a high risk taker and my weakness has always been discipline. So I automated the process and made sure to make the portfolio management perfect. Profit targets and mental stops make the management simple.

Never risk too much money in one asset and always have some cash just in case a juicy opportunity comes by.

I find having a business plan keeps you honest since at the end of the day, trading is a business and also an art to enjoy.

[SOL]

2 questions:

1) pg. 13 - CCMP should be "Cabot Microelectron," not "CMC Materials, Inc.," I am assuming.

2) @TIT: could you recommend a decent palladium bullion ETF?

ETF as opposed to stocks?

Sibanye, Ivanhoe, Impala?

I have the same doubt, i´m in europe, how could I buy physical palladium here (I guess with Larry that Sol recommends wouldn´t be cost efficient) or could I instead choose some group of stocks? I use interactive brokers and it doesn´t let me invest in etfs.

One option is for Palladium is the ETF PALL and for Gold there are a bunch of ETF's that one can consider like GLD, or the miner based ETF's. For those willing to take more risk there are leveraged ETF's but those should be approached with Caution.

[nicolas]

I have the same doubt, i´m in europe, how could I buy physical palladium here (I guess with Larry that Sol recommends wouldn´t be cost efficient) or could I instead choose some group of stocks? I use interactive brokers and it doesn´t let me invest in etfs.

If you want an ETF accessible to EU residents, check the WisdomTree Physical Palladium (PHPD.)

Or you can buy bullions with a broker that offers vault storage. I use Bullionstar in Singapore. They have palladium too (though not a large selection.) You can pay in USD or EUR, but I found personally that the most cost-effective solution was to pay in SGD from my Transferwise account.

There are plenty of similar solutions in Europe (Switzerland notably) but I don't have any particular name to recommend.

Sone things to pay attention to and compare between them are the commissions, the spread between buy and sell prices, the yearly storage fee + any flat fee they may charge.

[RMSLSP]

ETF as opposed to stocks?

Sibanye, Ivanhoe, Impala?

I have the same doubt, i´m in europe, how could I buy physical palladium here (I guess with Larry that Sol recommends wouldn´t be cost efficient) or could I instead choose some group of stocks? I use interactive brokers and it doesn´t let me invest in etfs.

One option is for Palladium is the ETF PALL and for Gold there are a bunch of ETF's that one can consider like GLD, or the miner based ETF's. For those willing to take more risk there are leveraged ETF's but those should be approached with Caution.

Thank you Sol but the problem is I can’t invest in ETFs I have no trading permission with interactive brokers (the one I use) I think its because I am retail investor but not sure I completely understand their policies.

[Yodean]

If you want an ETF accessible to EU residents, check the WisdomTree Physical Palladium (PHPD.)
Sone things to pay attention to and compare between them are the commissions, the spread between buy and sell prices, the yearly storage fee + any flat fee they may charge.

@nicolas, @stefk, @TIT:

Wanted to pick your brains on the PGMs.

To me, at least for the next year or so, it would seem that platinum is more likely to approach the price of palladium, than anything else. I'm cautiously bullish on both, but on my charts at least, platinum is the slightly better buy right about now. With that said, I did buy a bit of PALL last week.

My understanding is that Russia is a big producer of palladium, so with geopolitical uncertainty surrounding the region, there may be a bit of a supply shock - demand imbalance wrt palladium.

Still, any other particular trend/reason/rationale why palladium is a superior acquistion compared to platinum atm?

[RMSLSP]

I have the same doubt, i´m in europe, how could I buy physical palladium here (I guess with Larry that Sol recommends wouldn´t be cost efficient) or could I instead choose some group of stocks? I use interactive brokers and it doesn´t let me invest in etfs.

If you want an ETF accessible to EU residents, check the WisdomTree Physical Palladium (PHPD.)

Or you can buy bullions with a broker that offers vault storage. I use Bullionstar in Singapore. They have palladium too (though not a large selection.) You can pay in USD or EUR, but I found personally that the most cost-effective solution was to pay in SGD from my Transferwise account.

There are plenty of similar solutions in Europe (Switzerland notably) but I don't have any particular name to recommend.

Sone things to pay attention to and compare between them are the commissions, the spread between buy and sell prices, the yearly storage fee + any flat fee they may charge.

Great thank you very much. That ETF seems to work for me.

[harryg]

I have the same doubt, i´m in europe, how could I buy physical palladium here (I guess with Larry that Sol recommends wouldn´t be cost efficient) or could I instead choose some group of stocks? I use interactive brokers and it doesn´t let me invest in etfs.

One option is for Palladium is the ETF PALL and for Gold there are a bunch of ETF's that one can consider like GLD, or the miner based ETF's. For those willing to take more risk there are leveraged ETF's but those should be approached with Caution.

Thank you Sol but the problem is I can’t invest in ETFs I have no trading permission with interactive brokers (the one I use) I think its because I am retail investor but not sure I completely understand their policies.

RMSLSP this is perhaps because you are an EU resident? (or at least not a US one). It's an EU law (MiFID II) to "protect" (cough) retail investors.

A reasonable site for info on non-US ETFs is at https://www.justetf.com/

If you really want to buy the US ETFs (for example, let's say you have an ETF-only focus) you could look into opening an account with a US broker in the US, eg https://www.firstrade.com/content/en-us/international