PPLT: Platinum Consolidates And Could Follow Gold And Silver

Platinum has struggled to keep up with gold's price performance, with gold surpassing platinum's record high in 2024. The rare precious metal continues to struggle with the $1,000 level. Platinum futures are less liquid than gold and silver and could follow their rallies. Platinum's price has remained unaffected by geopolitical factors, such as the war in Ukraine and sanctions on Russia. Platinum has been consolidating around the $ 1,000 per ounce level since 2020.

Weekly Report: what happened at PPLT last week (0415-0419)?

Signs Of Life In Global Resources

Market Cycle Momentum Reigniting (Q2 2024 Update)

Market cycle appears to be reigniting, suggesting a shift towards more cyclical assets like commodities and equities. The overall momentum in corporate earnings, commodities, and interest rates continues to trend downwards. Signs of reacceleration are evident in commodities and Treasury yields. The market cycle remains in a high-altitude, oxygen-deprived position.

Weekly Report: what happened at PPLT last week (0408-0412)?

Weekly Report: what happened at PPLT last week (0401-0405)?

PPLT: Why I'm Backing Up The Truck On Platinum

Weekly Report: what happened at PPLT last week (0325-0329)?

A Financially Deglobalized Era

Gold’s role as a universal is experiencing a resurgence relative to US Treasuries for global central bank reserve accumulations. The most ambitious infrastructure initiatives in history are poised to be highly inflationary. The last major infrastructure push in the United States occurred in 1956. Capital expenditure in natural industries has fallen short of matching construction spending.

Weekly Report: what happened at PPLT last week (0318-0322)?

Weekly Report: what happened at PPLT last week (0311-0315)?

Weekly Report: what happened at PPLT last week (0304-0308)?

Palladium leads precious metals higher as Powell warns against rate cuts too soon

Palladium prices soar past $1K/oz to the highest since January 4. Fed Chairman Jerome Powell says central bank policymakers don't want to ease rates too soon. Platinum market likely to post another year of deficits in 2024, says new report. Palladium leads precious metals higher as Powell warns against rate cuts too quickly.

Weekly Report: what happened at PPLT last week (0226-0301)?

A Macro Shift At Hand

We believe we are on the cusp of a rare macroeconomic shift, like in 1972 and 2000. It should soon be the best multi-year stretch to own precious metals and mining stocks since the US dollar was de-pegged from gold in 1971. Artificial intelligence mania has caused stock prices to diverge from underlying fundamentals. Most of megacap tech companies have become too big to sustain their growth.

Is China's Economy, And Its Demand For Metals, Ready For A Rebound?

Weekly Report: what happened at PPLT last week (0219-0223)?

Platinum: Will the Ugly Price Action Continue?

In February 2024, platinum was trading at a record low against gold. Platinum has underperformed gold for more than a decade. Platinum is rarer than gold and has many industrial applications. Platinum and palladium prices have declined to levels that could offer value in 2024. The most liquid platinum ETF product is the Aberdeen Physical Platinum ETF.

Weekly Report: what happened at PPLT last week (0212-0216)?

Industrial Metals Monthly: Nickel's Price Plunge Shutters Mines