Jeff Christian – Macro Drivers for Platinum and Palladium & CPM Group Hosting A Free Webinar On The PGM Sector Next Tuesday January, 25th.
Jeff Christian, Managing Partner at the CPM Group joins us to take a deep dive into the market drivers for Platinum, Palladium, and Rhodium, in preparation for the free webinar on the PGM sector that CPM Group is hosting on Tuesday, January 25th.
We start off reviewing how Platinum and Palladium trends are very much still tied to the future of motive propulsion, and the transition from internal combustion engines to electric vehicles is going to take longer than most pundits have projected, due to the lack of infrastructure in place. We also discuss what potential impact that fuel cells in fleet environments will have on the PGMs, and Jeff sees a more likely scenario where hydrogen-powered motors would implemented over fuel cells for most automobiles, and possibly be a replacement for EVs down the road.
Next we get Jeff’s thoughts on how North American and Australian Nickel and Copper companies may also bring more Platinum, Palladium, and Rhodium supply to market in the medium to longer term. We wrap up with a discussion on the shorter-term to medium-term trends the CPM Group will be outlining in the upcoming webinar next week. For more information please click on the link below.
Click here to visit the CPM Group’s YouTube page where Jeff has been releasing video commentary on the metals.
Silver is moving up … BOA are short , thus
Yep, quite a thrust higher in Silver and the Silver miners today. Nice to see all the green on the screen!
Nickel Gripped By Ferocious Squeeze As Stocks Disappear:
By Andy Home – January 19, 2022
“The nickel market is experiencing its most severe squeeze in over a decade. London Metal Exchange (LME) three-month nickel has risen above $22,000-per tonne for the first time since 2012…”
“This squeeze was made in China, where the price has surged to life-of-contract highs, but has now hit the London market in full force. The premium for cash metal rocketed to $495 per tonne on Monday, the widest it’s been since 2009.”
“The common theme is one of falling inventories and a scramble for the type of nickel used in batteries for electric vehicles. So-called Class 1 metal is what’s traded and stored on both the LME and the Shanghai Futures Exchange (ShFE).”
“The market has been collectively wrong-footed by the strength of demand from both the nascent battery sector and the stainless steel sector, which has historically dominated the metal’s usage profile.”
OH BOY … Have You People been watching First Majastic !!!!!!!!!
Anyway look at this from today… silver miners.