Shocking Forecast: Why Platinum's Deficit Will Last to 2029!

Ed Sterck of the World Platinum Investment Council breaks down why platinum is heading for a deep, sustained supply deficit through 2029, while palladium is shifting into surplus driven by increased recycling. He explains how structural factors like supply constraints, vehicle electrification, and substitution trends are reshaping the outlook for both metals. Sterck also highlights the broader impact of macro trends including a weakening US dollar, central bank gold buying, and potential US tariffs. With China's platinum jewelry demand rising and geopolitical risks tightening supply chains, platinum may offer strong upside. This timely update offers a clear view into precious metals markets under pressure.   Connect with Ed Sterck! YouTube: https://platinuminvestment.com/ LinkedIn: https://www.linkedin.com/company/world-platinum-investment-council/   🔥 Key Topics Discussed ✅ Why platinum is expected to stay in a long-term supply deficit ✅ How palladium is shifting into surplus due to increased recycling ✅ The role of Russia and South Africa in global supply risks ✅ Impact of central bank gold buying and a weakening US dollar ✅ Effects of electrification and substitution on PGM demand ✅ How tariffs and US policy could reshape critical mineral flows ✅ China's rising platinum jewelry demand and industrial use ✅ Why above-ground inventories are not enough to cover shortages ✅ Market tightness and price inelasticity in the platinum sector ✅ Shifting demand between ICE, hybrid, and electric vehicles ✅ Outlook for mine production and future investment challenges   Affiliates /Tools for Success that I Love and find Helpful: Join Our Free and Premium Newsletter  Technical Analysis Series New Orleans Investment Conference Nov 2-5-2025 Rule Classroom (Free) Rule Classroom Plus (2 Free Months)  TradingView (Free)  Lobo's Weekly Recap (Free)  Uranium Newsletter   Chapters: 00:00 Ed Sterck Introduction 01:28 Platinum outlook and sustained deficit 04:57 Palladium trends and surplus expectations 06:09 Impact of New York Platinum Week 09:02 US critical minerals and Section 232 investigation 15:13 Charts showing platinum deficits through 2029 20:53 Forward curve analysis and future pricing 22:19 Lease rates and platinum market signals 26:23 Mining cost curve and long-term supply outlook 28:55 History of US tariffs and income tax 31:18 Tariff uncertainty and automotive demand 36:23 China's platinum imports and price sensitivity 40:55 ETF holdings and above-ground inventories 45:59 Platinum use in electric vehicles 46:57 Hybrid vs ICE vehicle PGM demand 48:05 Global platinum supply by country 49:21 Final thoughts on fundamentals and outlook 51:09 Where to find Ed Sterck's research   DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk t hat your capital could go to zero. WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.   #Platinum #Palladium #Gold #Silver #Commodities #Investing #PreciousMetals #MarketForecast #EdSterck #Recession #Tariffs #Electrification #GoldBuying #CentralBanks #Recycling #SupplyDeficit #EVs #MiningStocks #PlatinumPrice #RussiaTariffs #Inflation #HardAssets #JewelryDemand #Geopolitics #InItToWinIt #SteveBarton