SPPP provides “a secure, convenient and exchange-traded investment alternative for investors who want to hold physical platinum and palladium. The Trust offers a number of compelling advantages over traditional exchange-traded platinum and palladium funds,” according to the issuer. With the global economy shaking off the ill effects of the coronavirus pandemic, palladium could be a winning precious metal in the back half of 2021. Some commodities market observers are already forecasting more upside for the metal. “Palladium did a return to point of breakout, close to the November and January highs at 2516.51/2511.03, before heading back up again,” according to Commerzbank. “Since the decline from the current March high at 2758.00 looks corrective and can be subdivided into three smaller waves a, b and c, we expect the current advance to rise above the 2758.00 high towards the 2020 peak and all-time high at 2878.04.”