http://online.wsj.com/article/BT-CO-20091224-704007.html?mod=rss_Commodities "Platinum and palladium futures are leading the precious-metals complex higher Thursday morning after a pair of exchange-traded funds for these metals in the U.S. moved one step closer to an eventual launch"
The ETF's have moved all the metals up. When the average shmo sitting at a computer can buy gold or silver in an instant it affects the price. The ETF buy the physical metal when new money flows in. The gold ETF is supposedly the second largest market cap ETF. Silver has risen alot since the silver ETF's were started. It just allows more people to easily purchase the commodity.The ETF's is probably a major contributing factor to the rise in both gold and silver. But don't forget that flow can flow either way, and surely will at some point, and it could be a very dramatic and fast move. Lack
