Buy PPLT by Nov 25, 2026.

​ Platinum has been in deficit production for 4 years. The above ground supply is a little over 3 billion dollars, globally. Something like three quarters of mining is in South Africa (Kill dee Boer, da fahmar) a fact which could very easily lead to a further supply shortage. Other sources are Russia and Zimbabwe which have their own issues. Demand is inelastic, it is needed for catalytic converters, even more is needed for hybrids, it's used in petroleum refinement …