| ETF Trends reported that low prices of gasoline and cheap bank loans may attract more automobile buyers and hence, result in the palladium-related exchange traded funds to shine this year. As quoted in the market news: Fueling the increased palladium demand, global car sales increased 3.4% in 2014 to a record 81.6 million vehicles.
In the U.S., U.S. auto sales rose to an annualized rate of 17.2 million, the highest since November 2003. Morgan Stanley and Deutsche Bank AG both remain bullish on the palladium outlook because 70% of palladium demand comes from car-parts manufacturers. Specifically, an ounce of palladium supplies enough catalytic converters in about 10 vehicles...............................................Full Article: Source
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