Demand is rising for this precious metal…but Platinum supply is 3-4 years behind
ฝัง
- เผยแพร่เมื่อ 4 มิ.ย. 2024
- Is Platinum a commodity or a precious metal?
Today Shae Russell from ABC Bullion chats with Trevor Raymond, director of research of World Platinum Investment Council, to discuss the investment case for platinum, understanding the concentrated supply of platinum group elements and how it takes 3-4 YEARS to increase production.
ABC Bullion is Australasia’s leading precious metals and bullion specialist that for close to 50 years has assisted investors of every type to buy and sell gold bullion, silver, platinum and palladium.
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We look forward to any comments or questions you may have.
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The information contained in this video is of a general nature and is provided for information purposes only. It is not intended to constitute advice, nor to influence any person in making a decision in relation to any precious metal or related product.
#shaerussell #platinum #abcbullion
I believe in these 3 precious metals like Platinum, Gold and Silver will all go up in the future especially next year 2023! Currently I’m holding physical metals 35% Platinum, 35% Silver and 30% Gold! I do believe all 3 metals will fly to the moon especially Silver and Platinum!
I have platinum
Your guest was of course brilliant and with his depth of knowledge taught me quite a few minor but important points (I really didn't know the Chinese don't forward hedge). You were a great interviewer. Great because you were clearly prepared, asked brief pertinent questions, and then let the guy speak. You gave the gal who now works with Stansbury a run for her money in interviewing skills and easily gained my subscribing and a thumbs up
Thanks Douglas, what an amazing and humbling review. I hope you enjoy the next one as much.
I have news for you, nobody knows what any commodity or stock will do, But some do
@@goldeneye70 JP Morgan knows because their traders manipulate and spoof the market.
Excellent episode.
I'm definitely bullish on Platinum.
Excellent interview. Trevor is a fountain of knowledge. Very informative. Could you do an interview on the copper space please? Thanks
Undervalued, understood. Thank you!
Excellent show..thanks...big believer here in Platinum.
Our pleasure!
We have platinum for sale
Hi shae...great to see your usual great videos....after following you on fat tail media, i look forward to hearing more from you at ABC...
Awesome content thanks guys
If trading from Russia is blocked to the west its unlikely you get platinum from Russia. Might be more rare to get hold of therefore costs have gone down on platinum. For a profit it's a good time to buy. Loomed at graph for platinum yesterday and the price is going down.
China and India are still buying from Russia, unfortunately.
Well done!
Nice segment, cheers🥃
I used to work with platinum everyday. If people knew how special this metal was everyone would be buying.
Same. Was in a precious metals refinery
How special?
@@GGG-xx8lf I'm thinking $2500/oz special.
@@spacelord1913 in your dream, Pt is worth less than gold. One day, it will be lower than silver.
so is gold and silver
platinum is a super metal.
Ww are super duper ... hahaha got that word in 4 grade on my project ... 🤣 iamn37 now hahaa
Thank you for this very informative presentation.
Glad it was helpful!
@@AbcBullion ,, Osmium '' Rarest precious metal on Earth
Some people say chip shortage will continue until 2023. Don't need catalytic converters or mass airflow sensors if gas cars aren't being built. Plat could go sideways for a long time... but I bought some at $989 anyways.
Oh, and companies like Plasma Kinetics might eliminate the need for fuel cells in hydrogen cars. It's a supply-side game for sure... one mine closed and supply dropped 20%. Mine reopens at greater operating efficiency, supply goes up 25%.
Platinum is used in more transportation than that
@@mudvayne2311 Electric vehicles don't seem to need it though. Or am I missing something?
Like I said, I'm a buyer but I'm also willing to wait a decade before selling. Might take that long for hydrogen to replace ICE vehicle demand.
@@critophilippatos9534 even if we went green it wont happen overnight not to mention this is worldwide not just america but they way it look green new crap wont pass because of joe manchin and cinema also hybrids use platinum and also hydrogen veichles will
@@critophilippatos9534 and I guess they're now making chips again so production will start eventually we just need dkhead Biden to produce oil and quit being a traitor to the United states
My big boi .. platinum my best friend..
Shae - you are gorgeous!
2024 - Gold Platinum ratio 2,43🤑 (XAU/XPT)
☝Only 190 metric tonnes of platinum are mined each year compared to gold’s whopping 3,460 tonnes.
She's so pretty
If palladium and rhodium are necessary for industries should it really be privately owned?
In a free world, yes
Still looking hot 👍🏻👌❤️
Do you mean Trevor or Shae?
We have platinum for sale
Selling scrap metal, pure platinum. Inexpensive. Doesn't rust. You can prop up the doors, because. heavy metal. Announcement from the future
Little did I know how far I should have gone if I started trading and investing much earlier, but I 'm grateful for huge progress so far.
Beri berikan hartamu ke orang miskin
Well, a year later and platinum is still garbage and will stay right there. Ther are way too many substitutes for platinum that work well or Beter.
Yeah.. agreed! Still might buy some, but long term forecast isn't that great
Platinum is in tough place going forward. As more electric cars are produced, there will be lower demand for Platinum. Hydrogen vehicles has a much higher hurdle to clear and are many more years away from a sizeable production level. Electric vehicles are sold in all 50 states and all over the world. Hydrogen cars are only sold in California and a few select area around the globe. Jewelry will not be able to make the difference.