13.04.2012 - Spec positioning could be catalyst for rally in Palladium: UBS
While fundamentals have been especially significant for trade in platinum group metals lately, speculator positioning could be a key in the short term, said Union Bank of Switzerland (UBS) in a commodity research note. “The elevated level of short positioning in palladium could be the catalyst that prompts a sizeable rally.” In fact, the high level of speculative shorts in platinum started off this metal’s impressive first-quarter performance, Switzerland's largest bank added...............................................Full Article: Source
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