MRP added Long Palladium as an investment theme on October 7, 2017, based on the rationale that supply deficits and an increasing crackdown on diesel vehicles, accompanied by an uptick in hybrid vehicle sales, would push the spot price toward new highs. Since the, as the ETFS Physical Palladium ETF has returned 21%, outperforming the S&P 500’s 5% return . . .

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