Platinum Group Metals: An Asymmetric Setup
A collaboration between Eliant / LastBearStanding / Le Shrub
Platinum Group Metals (PGMs) are currently at depressed levels, with PGM Equities trading near multi-decade lows.
In fact, one can argue that the market believes that PGMs are the new Coal, as if they will go away any time soon like Coal was supposed to (it didn’t).
To give you an idea, Impala is currently trading back to its 2001 level, when both Nvidia and Impala had a $3.5 billion market cap!
It is therefore worthwhile to explore the asymmetry offered by PGM Equities as an Investment.
Let’s start first with the Metals themselves.