Why Platinum Is the Metal to Watch | Will Rhind

Which commodities are set to benefit from the hydrogen economy boom? Will Rhind, founder and CEO of GraniteShares chats with our Daniela Cambone about why platinum is the metal to watch.

Rhind outlines the "dual purpose" platinum serves, and why it can't be replaced, at least for now, with a metal such as palladium. He also discusses what's impacting the price of both metals, and what investors can expect for platinum over the next six months.

He also discusses what's happening with Gold prices, and the impact the upcoming Fed meetings could have on the yellow metal.

#platinum #hydrogen #investing

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[Whatishappeningworld]

Love platinum. Such a unique, rare and noble metal.

[michaelvittori]

Most people don't realize platinum is about 15–20 times scarcer than gold. I think it's extremely undervalued when compared to gold.

[robjohnson]

It always seems like it’s the metal I DON’T OWN that is always the latest and greatest, first gold then silver then copper now platinum, I wish I had a skipped all this and just bought rhodium 20 years ago

[johnmknox]

There aren't many commodities I don't like right now but I especially like Gold, Silver, Copper, Platinum, Uranium, and soft commodities like Cocoa as well.

[marsbetelgeuse]

i agree that platinum have reach the big support level that have been sideway between 820$ and 1050$ from 2015 to early 2020. It may go under that level for a short period, but i think it can go easily to 1500 in the next bullrun

[quiet]

Platinum will have a big spike up in the coming years. Platinum and palladium are due to switch positions. They have a lot of overlap with their industrial use. It's just a matter of time before new platinum contracts get drawn up and fulfilled.

[Yodrop]

Love it! Bought a bunch on the lows last year.

[garaldtao]

At a fraction of the price of gold, Pt is truly the dark horse. As the world economy stabilizes and countries begin to look at energy dense source of storage equivalent to fossil fuel, Hydrogen will shine. Battery storage don't even come close to hydrogen when tech is scaled up pass the size of a car.

[CoinsAZ]

I'm definitely bullish on Platinum

[jonesmatthew]

Also, it is scarce resource that is mined primarily in South Africa 70% and Russia 20%, any problems in those locations can cause supply issues.

[ufc]

Who else thought he was saying jewel 💎 until later when you realized he was saying dual

[bennyt]

Even without hydrogen, more industrial platinum use is in the future. Deficits will grow in future years. Recycling won't be able to keep up.

[mysterybuyer]

The people that are somewhat knowledgeable about platinum tend to only focus on the auto industry which is only a part of it. There are many more uses than just auto catalyst.

[paps-personal-channel]

Wow... your hair!!! Stunning girl... great look... you have great tastes, Dani.

[closer]

There are no platinum miners. Platinum is mined in tandem with silver, gold and copper.

[harism]

I never buy anything that is not in my possession

[bwj]

What's wrong with etfs? I own Rick Rules Platinum ETF and I get storage, I think it's only a about 0.6% per year fee, and don't have to pay a 10% premium required to buy the "hard" assets (coins).

[MaZe]

I love when names tell a little story, like "Will Rhind"
Will he? IDK!

[shadowbanneddays]

I just want to come on here and promote and that's what I have no price points and no actual data 2 show you

[jimmillward]

Platinum is not a monitory metal and its only real use is for catalytic converters but who will need them when future cars will not have an exhaust. stick with the monitory metals