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Edward Sterck, Director of Research at the World Platinum Investment Council, shares his outlook for platinum with David Lin, Anchor and Producer at Kitco News, including what’s driving its shift from surplus into deficit in 2023 and what that means for precious metals investors.
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0:00 Investment case for platinum
1:30 Russia risks not priced in yet
2:15 Automakers sub platinum for palladium
9:26 “Emergent demand” from hydrogen economy
14:29 Impact of electrification on platinum
16:50 EV legislation will change automotive
20:02 Effects of recession on platinum demand
22:26 Industrial demand will remain strong
23:23 Price drivers and tradeoffs
#evs #platinum #energy
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