WealthHunters

SPPP boom on the horizon? Here's a potential catalyst...

Long
AMEX:SPPP   Sprott Physical Platinum and Palladium Trust
Thesis: Russia/Ukraine tensions threaten to disrupt the global supply of Palladium- a precious metal used to produce semiconductor chips. Small chip producers, particularly in smaller countries like Taiwan, companies may not be able to get their hands on enough supply. Palladium prices may increase if that happens....Plus, from a TA perspective...check out the perfect inverse head-and-shoulders. This looks like a strong buy, and I'm hunting for a few more diversified bets to (hopefully) seize this opportunity.

May the profits be with us all.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.