Although the iShares MSCI South Africa ETF (NYSEArca: EZA) would appear to be a viable derivative play on the labor strife there, sticking with PALL and PPLT could be the better idea, particularly if the strikes turn violent.
“In August 2012, some 34 striking miners at Lonmin were shot dead by police amid violence that killed around a dozen more,” according to AFP. EZA faltered in the wake of that bloodshed.
ETFS Physical Platinum Shares
ETF Trends editorial team contributed to this post.