Member Info for nimrod22

as if there are some other unreported large sells in the background.

https://seekingalpha.com/article/4348965-pltm-weekly-platinum-next-precious-metal-to-outperform

https://www.newswise.com/doescience/?article_id=731903&returnurl=aHR0cHM6Ly93d3cubmV3c3dpc2UuY29tL2FydGljbGVzL2xpc3Q=

https://www.etftrends.com/alternatives-channel/why-platinum-will-continue-perking-up/

https://www.proactiveinvestors.co.uk/companies/news/920137/tharisa-s-profits-surge-as-pgm-prices-rocket-920137.html

what no divi !

https://www.mining.com/covid-19-impact-on-platinum-less-than-expected-report/

pages 19 to 35
https://www.heraeus.com/media/media/hpm/doc_hpm/precious_metal_update/The_Platinum_Standard_2020.pdf

https://www.miningweekly.com/article/south-african-platinum-coin-sold-out-as-global-demand-skyrockets-2020-05-19

A good read.
Pages 19 to 35 will also be of interest to those who have shares in Hydrogen fuel cell stocks.
https://www.heraeus.com/media/media/hpm/doc_hpm/precious_metal_update/The_Platinum_Standard_2020.pdf

https://matthey.com/en/news/2020/pgm-market-report-may-2020

https://www.fin24.com/Markets/Commodities/palladium-jumps-above-2-000-amid-optimism-over-china-reopening-20200518

Platinum and Palladium up 6% in a week.

https://in.reuters.com/article/global-precious/gold-jumps-to-highest-since-october-2012-on-dismal-u-s-data-palladium-surges-idINKBN22U0HL?rpc=401&

"Drawing on DNV GL’s annual survey of more than 1,000 senior oil and gas professionals, Heading for Hydrogen explores the outlook for hydrogen energy, what is driving interest in it, and what can be done to scale it.
One in five (21%) senior professionals reveal that their organization is already actively entering the hydrogen market, and more than half (52%) expect the gas to form a significant part of the energy mix within a decade."

https://www.nornickel.com/news-and-media/press-releases-and-news/metals-market-review-by-nornickel-with-financial-market-analysis-by-icbc-standard-bank/

from Bangkok Post
https://www.bangkokpost.com/world/1917372

appears to be a low target now. Chinese demand will kick off faster than the supply of raw materials. The environmental requirements are unlikely to be lowered as the as the Covid disaster tends to recede. China in some ways is positioning itself as a world leader in some environmental issues ( as well as being the worst in others), whilst the USA under Trump appears to have lost its way. There always remains a takeover possibility as well from the Chinese who are big investors in Africa.
Lots more value to come in my opinion.

JOHANNESBURG — There is likely to be a deficit of platinum and palladium this year after a COVID-19 lockdown in South Africa, the world’s biggest platinum producer, forced mines to shut, analysts at Bank of America Merrill Lynch predicted on Friday. While demand for platinum group metals, which are mainly used in cars and jewelry, has also plummeted due to the global pandemic, the analysts said they expect demand to rebound, while mine production will take months to build back up.

In South Africa, which produces 78% of the world’s platinum and 36% of palladium according to BAML, a strict lockdown to stop the spread of COVID-19 forced most mines to shut from March 27.

Though the government allowed mines to restart at up to 50% capacity from April 16, BAML analysts predict it will take six months for production to ramp back up to pre-pandemic levels.
“Our base line assumption is that output runs at 50% in May and June, before rising to capacity by December,” they wrote in a note dated May 7 but distributed to media on May 8.
“Putting it all together, we anticipate that both platinum and palladium will be in deficit this year. As such, we remain bullish the white metals into year-end.”

By the end of April, sales of the 1 oz platinum Eagle had reached 56 500 oz, which came close to exceeding the second-highest sales figure of 56 707 oz in 1999.