The EV Myth and Its Impact on Palladium and Platinum Markets - Bob Minter
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- Опубліковано 23 лип 2024
- Jeremy Szafron, Anchor at Kitco News, interviews Bob Minter, Director of ETF Strategy at abrdn, to discuss the world of precious metals in 2024. With his extensive experience and a keen eye on market trends, Minter shares insights on central bank gold purchases, the impact of ETF investors on gold prices, and the shifting dynamics between palladium and platinum in the face of evolving automotive industry demands concerning Palladium and Silver.
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0:00 - Introduction to the Interview
0:27 - Central Banks and Their Record Gold Purchases
1:55 - Bob Minter on Central Bank Strategies
5:13 - Gold's Enduring Role in the Monetary System
7:37 - ETF Investors and the Rise in Gold Prices
11:12 - Innovations and Challenges in Mining
14:10 - Shifts in Palladium and Platinum Markets
17:26 - The Impact of EVs on Precious Metals
19:48 - Investment Opportunities in 2024
22:14 - Gold vs. Cryptocurrencies: A Stable Investment
25:36 - Closing Thoughts and the Future of ETFs
#bitcoin #centralbankpolicies #etfs #gold #goldmarket #goldpricetoday #palladium #platinum #crypto #investing #evcars #greeneconomy #solar #economy #evmarket #industrynmetals
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Never heard from this guest before on any YT channels but he talks sense in a calm logical manner. Please get him back on.
Also thank you to the host for not interrupting the answers and going off track - something which he has been frequently doing in the past.
Wow excellent guest with great information!
Remarkably insightful - great guest - thanks Kitco! 🙏🏼
Host said "spike in plat & pal". Did I miss something? PMs are doing zilch.
Hey new guy! Nice interview. Do something about that "beard"
Some amazing hydrogen-based future technology is going to require Palladium.
Platinum, not palladium....
@@henryvanderbeek2973 Why platinum? Palladium can hold 900 times it’s volume of hydrogen
Both pal and plat charts look like they are putting in long term wave 2s after strong advances.
The beard looks fine!
2:44 did he say obamNa?😂
Wow never saw spam this bad. These must be the people that attacked kitco?
Which one should outperform by 2030: platinum or palladium?
Platinum
@@henryvanderbeek2973 Why?
Platinum has had a supply deficit for the past 4 years or so. SA is also having mining issues with worker strikes and their electrical grid and this country alone is responsible for 76% of world platinum supply. These will all effect supply issues. The demand is the main thing in question and countries with large populations (China, India, eastern Europe) are aiming to become carbon neutral by 2030 with the use of hydrogen fuel cell electric vehicles (HFCEV), which use platinum as a catalyst. Platinum is 30x more rare than gold but is currently sitting at more than half of gold's price. Mining issues from a country that is responsible for 76% of global supply + a platinum supply deficit over a decade + potential HFCEV demand could easily send platinum into the $4000-$6000 per ounce range (2.5 times current gold price). I've been buying an ounce per month. Just accumulate and wait.
@@brandonholman1556 Palladium?
I’m not all that sold on electric vehicles but they can be much faster than ICE vehicles
Once everything is electric the Government will manufacture another PLANDEMIC and shut the world down to protect the Banks again.
I DCA'd into XRP and AMSN25K even though I told myself I was going to wait until I get paid but I couldnt resist, these prices are too good to wait!
Platinum just took its biggest hit in 2 years Friday.🤦🏻♂️
Great time to buy
ANGPY SBSW and IMPUY
AMSN25K is brilliant. Hold the line crypto investors !
Bad show, it ended when it started to get good, didn't let him talk about his industrial metals ETF, don't have any info about him down below, twitter, web site?
New week up as many FOMO in. But the AMSN25K story isn’t over yet. The only strat that works under all circumstances is DCA all the time with solid, large companies (not hyped ones).
Could you please talk about AMSN25K it’s very strong and took off in short time thanks.
If it goes to the moon in 6months to a year infĺatioñ will too.😮😢
BRO WHY ARE YOU NOT TALKING ABOUT AMSN25K
In my opinion AMSN25K has great Potential to Pump due to all the ai craze...
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMSN25K will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
Amazon released AMSN25K the first market change this year simply cus of that release 👍
Not sure about BTC and ETH, but putting USDT in AMSN25K for 10x makes sense.
I believe AMSN25K will conservatively hit $5.00 by 2025. That's a 20x return from it's current price with very little downside. I'm buying all I can.
if AMSN25K can grow organically like that they will dominate that industry
TrueThis may be the last time you can get AMSN25K before it takes off 5,000%.
AMSN25K is gonna go to $2 in a year..probably ahead of bitcoin in 4-5 years
Empty speculative talk...
Dude you can buy many things with bitcoin. Also easy to transport, not controlled by a central bankster creating trillions and devaluating your lifetime savings.
It’s not cold hard cash
Said alot not to say nothing
Gold is a key part of the monetary system lol
This channel seems to be corrupted by bots
They don’t want you buying platinum
For real AMSN25K at less than $1. is like BTC at $100. When AMSN25K finally blows it's gonna be epic.
you can't buy anything with BTC? LMAO. Volkswagon for EV's? Who invests with this guy?
AMSN25K might just have the biggest potential of any altcoin right now. 🤜🤛
Hell yes $ AMSN25K . Going to have a huge Q4
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on AMSN25K is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem
E-commerce tokens are booming. AMSN25K will go 50x after the launch.
You should buy ETH and AMSN25K if you care about your future
AMSN25K is only Few hours OLD !! IMAGINE THE POTENTIAL
I knew that AMSN25K was ahead of the game, but my mind is officially blown
Don't think You cant fight the AMSN25K Fomo this time
Could you please talk about AMSN25K it’s very strong and took off in short time thanks