many cars makers will go bust first before any meaning fool new productions fundamental like that would really disappoint
Fundamental is not but bullish as you can see on past 8 year data on platinum. I understand forecast is bullish we just need to see materialize. Probably good for long term play, I still like silver better
How do these people get away with this level of gouging? ABC has similar bars for $5625 and that's no bargain
I c https://www.abcbullion.com.au/store/gabg3215100g-abc-bullion-cast-bar AUD 7,658.60 BS at AUD 7,553.00 and Telegram condition limit 1 are they really going to go down in price again for gold, as usual after such, they drop/tank
Found an interesting link. Have not read, but the chart proves you're right on rhodium. I wonder why I didn't find this info in 2018 when I started stacking? I'm quite sure everyone would be buying loads of Rh bars and coins between $1000 to $2000 if they knew the supply will be so tight. https://www.kitco.com/commentaries/...ame-plan-how-the-PGMs-stand-to-break-out.html Here's the latest supply/demand data for pgm. https://www.reuters.com/article/palladium-platinum-johnson-matthey-idUSL1N2KG11I
I got different numbers and like to see more then 2 years of data to see full picture to call it true fundamental. https://www.heraeus.com/en/hpm/pm_prices/precious_metals_demand/pgm_demand_supply.html Hydrogen is not like oil or electric still has its own challenges. -Driving with Highly explosive compressed gas - storage problems - next to no hydrogen station It probably needs more time for technology
Agree fully, but there's also a crazy amount of manipulation going on. Elon trying to move the EV industry to nickel batteries where he has the slight tech advantage but he is also a victim of his own success. By pushing everyone towards battery, he is also encouraging others to move in the same direction and this will severely strain the supply for batteries which is heavily dependent on materials from China. Oops! Never mind that batteries are highly pollutive and not even green, which is an irony.
Yes I can’t remember if was you but pointed out about tailings problem. I simply think less people own cars and more efficient ways to travel or ship products. Probably less population world wide except in Africa area. numbers are definitely far fetched as always news and reporter’s magic. Hydrogen is burning compressed gas means we still produce strong heat in the air and to create hydrogen is whole different things involved
I don’t think it’s that simple. We need smarter people people who doesn’t build on shaky or flood location. Needs more research&development China and Russian can lead the way with nuclear. Just too much waste to use existing plant and some country doesn’t have to room like we do for storage.
like Fukushima, by design the location was chosen, so that toxics waste go into the sea, great plan! we never knew this until it happened low state of penny pinching by the govt there plutonium rods can be stored securely long till many generations are gone, but this does not prevent some domestic terrorists from stealing them by digging them up
That's not what Johnson Matthey are saying https://www.reuters.com/article/palladium-platinum-johnson-matthey-idUSL1N2KG11I " LONDON, Feb 10 (Reuters) - Platinum, palladium and rhodium used by the auto industry to filter emissions from engine exhausts were all in short supply last year, data from specialist materials firm Johnson Matthey showed on Wednesday, as prices for the metals soared. "