Edward Sterck: Platinum Deficit Revised Up, Watch H2 for Potential Price Move

  Рет қаралды 1,510

Investing News

Investing News

Күн бұрын

Edward Sterck unpacks the World Platinum Investment Council's latest quarterly report, explaining the supply- and demand-side factors that led the organization to revise its 2024 platinum deficit projection upward to 476,000 ounces.
He also touched on when the metal's price may begin to reflect its strong fundamentals, commenting, "We think platinum is a bit out of favor ... but that as the year unfolds we'll begin to see the true underlying fundamentals begin to be reflected in price."
This interview was filmed on May 10, 2024.
#Investing #Mining #Platinum
0:00 - Intro
0:28 - Upward revision of 2024 platinum deficit
1:40 - Second-lowest quarter for platinum supply
4:29 - Auto demand benefiting from EV slowdown
8:40 - Platinum jewelry and industrial demand
11:51 - Platinum bar, coin and ETF demand
14:22 - When will price reflect fundamentals?
17:37 - WPIC vs. Johnson Matthey methodology
19:27 - Outro
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Пікірлер: 4
@danoneill2846
@danoneill2846 20 күн бұрын
Great Day !
@kevinford6420
@kevinford6420 20 күн бұрын
Platinum woke up today along with Gold and Silver.👍😁
@RichCMoney
@RichCMoney 20 күн бұрын
Plat woke up on 4/26
@fritzbender5050
@fritzbender5050 20 күн бұрын
Great info Miss Charlotte!
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