Platinum's Supply Deficit Continues, Is Now The Time To Invest?
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Platinum is experiencing a significant supply deficit for the third consecutive year, making it undervalued compared to other industrial metals. This situation presents limited downside risk and significant upside potential, suggesting it as a speculative buy.
December 02, 2024 | 3:00 am
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The supply deficit in platinum, which is in its third consecutive year, suggests that PPLT, an ETF tracking platinum prices, may see positive price movements due to the metal's undervaluation and potential for upside.
PPLT is directly linked to platinum prices. The ongoing supply deficit and the metal's undervaluation compared to other industrial metals suggest that PPLT could see price increases. The article highlights limited downside risk and significant upside potential, making PPLT an attractive option for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80