PTM:CC - Platinum: Spectacular Opportunity In A Forgotten Monetary Metal

2025-04-16 01:28:32 ET

Summary

• I believe platinum, like gold, is a premier monetary metal, undervalued due to misconceptions about its automotive demand and EV competition.
• Platinum's investment demand is recovering, and its price is poised for a significant rise due to its scarcity and structural market deficit.
• The historical gold/platinum price ratio indicates platinum is currently historically undervalued, presenting a unique investment opportunity.
• I rate platinum as a "strong buy" for savvy investors.

I grew up in the countryside, probably became a little bit feral. I left the countryside for a temporary job in banking upon completing secondary school, as I had been called up for two years national service as a mid-year intake. I felt at home in banking and after completing my national service returned to banking for a serious career. I literally started in banking so low I had to reach up to touch bottom, and made my way up the ladder mostly by taking the high-risk tasks nobody wanted and making a success of them. It became my specialty, and there never seemed to be a lack of such jobs. I never had a political umbrella and never learned office politics, so when I got into senior management found myself hog-tied by mainly two things.

I did not possess that exploitative gene required for success at above senior management level. I believed a fair deal had longer legs than a “leave-no-money-on-the-table” unbalanced deal negotiated as if your life depended upon it. My fair deals lasted longer and brought in more money over time than the unbalanced deals, which almost inevitably ended in default and litigation. I lacked that killer instinct, the one that makes it easy for you to fire people for example, I just could not fire people even when it was necessary. I naturally forgot to stab others in the back, but always seemed to find some knives in mine....

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