Thread by @DesoGames

As we must look forever forward; with the current corrections i did a *little* bit of work (don't expect more) to find more deep value.

Now that #Uranium's gone up, and hopefully #Silver is next in a flight to safety;

With #Palladium correcting, #Platinum's becoming VERY cheap.

The last times it was below $900, was in 2020 (panic), 2018 (bear market), 2016 (double bottom), 2008 (panic), and 2005/2004 (bull market).

Meanwhile, the outlook for #platinum is far more positive now:
- ICE cars being phased out before 2075 *is a pipedream*.

When 1 or 2 smallish countries try to transition fully, sure, it can happen.

When the entire world tries to do so at the same time, which includes China, NONE of the battery metal industries are ready for that scale.

Nickel, Lithium, Cobalt, Copper, Rare Earths. None are ready.

Sure it's possible, but only over time, and with a robust recycling economy too. It takes time, something current rulers have completely forgotten. Reality will not move at *their* speed.

But, since people will continue to care about emissions, that just means cleaner ICE cars.

That means more catalytic converters, which means more.... Palladium.

But since Platinum and Palladium do essentially the same thing, the industry switches between the two, and Palladium is still twice as expensive.

Essentially, but not entirely.

- Hydrogen fuel cells use #Platinum as a catalyst, not Palladium.

And since the world seems hell-bent on making both hydrogen and solar/wind/peak-power work; fuel cell usage will *have* to grow, and with it, platinum usage.

Minimizing usage is a decades long process.

- retail investment into Palladium is negligible. It's seen in all respects as a purely industrial metal.

But Platinum DOES have an investment community and has coins minted. While its history is much shorter then silver/gold, its monetary properties are the same.

- Economic reality.

All this push for "greener" has been made possible by easy FIAT money, something that is ending. The PPI of *insert random country here* is exploding, which can only mean Efficiency will be king again soon.

Meaning Cheap. And ICE cars are cheaper to make.

Much cheaper. Especially if we start tearing out Semiconductors again and make Analog cars.

It's less comfortable, but if we all turn out poor, atleast it's still a car. Small and light also = efficient.

But it still uses gas; so, catalytic conversion is needed.

The same is true with #Platinum as is with #Silver.

Undermined, underutilized, very much needed, increased usage looking forward, not reduced, no matter how you slice it (because MATH goddamnit).

There aren't that many primary producers, and the few that exist, ARE MAKING BANK!

Simple overview between revenues and shareprices. As Peter Lynch teaches us, when the revenues double, so does the stock price. If it halves, the price halves. Stocks aren't lottery tickets.

It just takes a while for the market to catch up to reality sometimes.

Reality is;

There's value in Platinum, there's no reason it won't be used more in the future, there are few producers, and those that exist have absolutely exploding revenues.

So if the market is stupid enough to sell that; that's your gain. I can't believe it's this low.

Oh, and finally;

Don't forget. #Platinum is about *as shorted* as #silver is on the Comex.

It'd probably be just as easy for $SPPP to squeeze the Platinum market as $SPUT's squeezing #Uranium.

Shame @Sprott doesn't split Palladium and Platinum! Like so they think about it!