The TVF precious metals investment thesis consists of exposure to four (4) precious metals assets.
The Precious Metals discussed here are from Groups 10 and 11 of the Periodic Table. Specifically, the chemical elements to be reviewed in this article are; Gold (Au) and Silver (Ag) from Group 11 as well as Platinum (Pt) and Palladium (Pd) from Group 10. All four elements are also resistant to corrosion and oxidation and are thus classified as Noble Metals.
Gold ( 6.5% YTD), whose symbol from the Periodic Chart is Au (from Latin: aurum - "shining dawn") was not originally formed on Earth. Scientists believe that the element is formed naturally during supernova nucleosynthesis and that most of the gold deposits found in the Earth's crust and mantle were delivered via asteroids and meteorites approximately 4 billion years ago. It is the rarest of the four precious metals discussed here, occurring at a concentration of only 0.004 ppm. Gold is easily shaped and sculpted. It has been used for coinage, jewelry and other arts throughout recorded history. Gold is also an excellent conductor of electricity and it does not tarnish; which lends itself to many industrial applications such as electrical connectors in all types of computerized devices. One can invest in physical gold though the purchase of bullion or collectible and rare coins. An even easier way to invest in gold is through several popular ETF's (Exchange-Traded Funds) such as GLD, GDX and GDXJ.
Silver ( 17.0% YTD), whose symbol from the Periodic Chart is Ag (from Latin: argentum, derived from the Greek meaning - "shiny" or "white") while more abundant than gold, is much less abundant as a native metal. Silver is the most abundant of the four precious metals discussed here, occurring at a concentration of 0.075 ppm. Most silver is produced as a byproduct of copper, gold, lead and zinc refining. Silver exhibits the highest electrical and thermal conductivities as well as reflectivity of any metal. Silver is used in numerous industrial applications such as; electrical contacts and conductors, solar panels and water filtration, specialized mirrors and catalysis for chemical reactions as well as in various medical instruments. One can invest in physical silver though the purchase of bullion or collectible and rare coins. An even easier way to invest in silver is through several popular ETF's such as SLV, SIVR and DBS.
Platinum ( 14.4% YTD), whose symbol from the Periodic Chart is Pt (from Spanish: platina - "little silver") is one of the rarer elements in the Earth's crust, occurring at a concentration of only 0.005 ppm. Platinum is one of the least reactive metals. It has a remarkable resistance to corrosion, even at high temperatures. Platinum has many industrial applications such as; catalytic converters, dentistry equipment, electrical contacts and electrodes as well as laboratory equipment. Its resistance to wear and tarnish make it suitable for use in fine jewelry. Compounds containing platinum are applied in chemotherapy to fight certain types of cancer. One can invest in physical platinum though the purchase of bullion or collectible and rare coins. An even easier way to invest in platinum is through several popular ETF's such as PPLT, PTM and PGM.
Palladium ( 10.2% YTD), whose symbol from the Periodic Chart is Pd (from the discoverer of the metal William Hyde Wollaston who named it after the asteroid: Pallas) is the second most abundant precious metal discussed here, occurring at a concentration of 0.015 ppm. Palladium has the lowest melting point and is the least dense of all the platinum group metals (PGMs). More than half the supply of palladium and platinum is used in catalytic converters, which convert as much as 90% of the harmful gases found in automobile exhaust into harmless substances. Palladium is also used in electronics, medicine, hydrogen purification, various chemical applications as well as groundwater treatment. It is also a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat and water. One can invest in physical palladium though the purchase of bullion or collectible and rare coins. An even easier way to invest in palladium is through the ETF PALL.