Brandon Beylo
Another example of major auto OEMs waking up to the fact that EVs are not economical ... yet.

This means:

• More ICE cars
• More Plug-in Hybrids

And most importantly ...

More PGM demand 📈

#PGMs https://t.co/PAeLEca8l3
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Brandon Beylo
Me looking at my commodity positions in my portfolio.

#PGMs #gold #silver #tin #copper https://t.co/PO5XAi4CAm
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Brandon Beylo
If you think you've missed much of the move in commodities/metals.

You haven't.

May I introduce you to Platinum Group Metals #PGMs.

PGMs are vital in catalytic converters, which help reduce carbon emissions in vehicles.

Demand will inflect via hybrids + emissions standards. https://t.co/dTlQEuKzil
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Brandon Beylo
Year-to-Date 2024 Europe New Car Registration Growth (YoY)

• Battery EV: +3.5%

• Plug-in Hybrid: +10.4%

• Hybrid Electric: +19.7%

• Gas: -1%

• Diesel: -10.8%

TL;DR: Plug-in Hybrid growth is bullish for #PGMs

#palladium #platinum https://t.co/IPjtlSWvC5
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Brandon Beylo
One of the most important factors when investing in metals and mining stocks:

Relative Strength vs. Commodity Price

You want the stocks you own to perform better than the underlying commodity.

Nice to see that in Sylvania Platinum $SLP.L

#PGMs
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Brandon Beylo
Rhodium is a key component of Platinum Group Metals (PGMs).

It's down 75% from its 2021 highs. But look at that base breakout.

PGMs are basing and heading higher.

ICE cars aren't dead, and hybrids/hydrogen need more PGMs.

Meanwhile, the miners trade for dirt cheap.

#PGMs https://t.co/DXft2GRqgL
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⁠Brandon Beylo
I 100% agree with Calvin on PGMs.

They are one of the last remaining metals to base before their breakout.

Look at $IMPUY and $SBSW charts.

They are basing and preparing for a sustained move higher.

ICE cars aren't going away. Hybrids need more #PGMs.

Love the setup.

I still see platinum group miners as one of the best set ups in the market.

I will be doing a deep dive on the sector this week on the blog.

This will be the last post current monthly subscribers will receive. Annual and lifetime subscribers will continue to receive updates. - 🏴‍☠️
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⁠Brandon Beylo
Platinum and Palladium looking bullish here.

Palladium is coiling and ready to break out above the 200MA.

Platinum, on the other hand, approaches resistance around $1,150/oz.

PGM miners/developers will go wild if both break out.

#platinum #palladium #pgms
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⁠Brandon Beylo
I don’t own enough PGMs.

#PGMs

#China State Council has issued the 2024–2025 Energy Conservation and Carbon Reduction Action Plan, which includes several significant measures:

1. Accelerating the phase-out of old vehicles.
2. Raising the energy consumption threshold standards for commercial vehicles.
3. Gradually lifting restrictions on the purchase of new energy vehicles across various regions.
4. Implementing policies that facilitate the use of NEVs.
5. Promoting the electrification of public sector vehicles and orderly introduction of new energy medium and heavy-duty trucks to develop zero-emission freight fleets.
6. Advancing the scrapping and renewal of outdated transport vessels and initiating pilot projects for the electrification of coastal and inland river vessels.

By the end of 2025, these initiatives aim to reduce carbon dioxide emission intensity in the transportation sector by 5% compared to 2020 levels. - CN Wire
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⁠Brandon Beylo
Yet ANOTHER major auto OEM shutting down EV production.

Audi experienced “falling orders” and “high production costs.”

Amazing what happens when you remove subsidies and let consumers decide.

ICE vehicles will be around MUCH LONGER than we thought.

Can’t get enough #PGMs! https://t.co/Emch9lX7Fr
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