In this presentation, Jeffrey Christian of CPM Group focuses on platinum ahead of Platinum Week in London. He warns investors to be careful with bullish marketing claims about large platinum deficits that do not really exist. Jeff explains why many of these deficit narratives are misleading, and why the sharp rise in platinum prices over the past year was driven primarily by investor buying rather than a true shortage of metal.

Jeff also discusses current gold, silver, palladium, and platinum price trends, noting that precious metals are selling off sharply while remaining at historically elevated levels. He explains CPM Group’s view that gold and silver may continue through a volatile consolidation period from May through August before stronger investor demand potentially returns later in the year.

The presentation also compares platinum with palladium and where CPM Group sees a tighter supply-demand balance. Jeff explains why investors should distinguish between independent market research and promotional material designed to encourage investment demand in platinum.

Courtesy of the CPM Group