Proven and Probable

Platinum's Bull Market Brewing? | Bob Moriarty on Supply, Demand & Contrarian Investing


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Today, we take a deep dive into Platinum, exploring its market fundamentals, the potential for a new bull market, and whether now is the time to buy! We're thrilled to be joined by the legendary Bob Moriarty, founder of 321Gold.com and 321Energy.com, who shares his unique contrarian insights.
Bob, welcome back to the show! With current market fundamentals hinting at a strong potential for a new bull cycle in Platinum Group Metals, specifically Platinum, it's great to have you.
In this must-watch interview, we cover:
Bob Moriarty's Fascinating History with Precious Metals: Discover what ignited Bob's interest in gold and silver back in 1969, and his observations on the Vietnam War's impact on US currency.
The Power of the "Contrarian" Mindset: Learn how Bob's contrarian philosophy has shaped his investment approach, especially in resource markets. We'll discuss his experiences with extreme crowd behavior in gold and silver (1979-80 vs. 1999-2001) and why understanding it is crucial for investors. Plus, hear the cautionary tale of the 100-ounce silver bars bought high/sold low!
Platinum's Shifting Landscape: Is a Bull Cycle Brewing?
Current Supply & Demand Fundamentals: Bob breaks down the key factors highlighted in a recent mining.com article (linked below!), including rapidly falling above-ground inventories, declining recycled supply, and significant market deficits projected by the World Platinum Investment Council.
Uneconomic Production & EV Misconceptions: Discover why a significant portion of global PGM production is now uneconomic at current prices and how hybrid vehicles and increasing regulatory changes are impacting PGM demand – a narrative often underappreciated by the broader market.
Investor Sentiment & Platinum ETFs: Bob shares insights into the recent shift in investor interest in Platinum ETFs, from liquidation to accumulation, and its significance for future prices.
Platinum's Market Position: Given his contrarian philosophy, Bob offers his take on where platinum stands in its market cycle – is it oversold, undervalued, or fairly priced?
Current Market Dynamics & Future Outlook:
Macro-Financial Conditions: How do issues with bond markets (Japanese and US) and the "Carry-Trade" intersect with Bob's bullish view on platinum?
Investment Vehicles Beyond Physical: For those looking for exposure to platinum, Bob shares his most compelling resource stocks or investment vehicles in the current environment.
Educating New Investors: Why is education crucial for young investors entering the PGM space, and what advice does Bob offer?
Audience Q&A: Bob answers a critical question from Phil Acton of East Bay Motorsports regarding refined platinum holdings, mining locations, annual output vs. consumption, safe jurisdictions, expected mine life, and where future commercially feasible deposits might be found.
Special Offer! This weekend only, get 1 oz Platinum Maples for $1,199 and 1 oz Platinum Valcambi's for $1,182! Inventory is low, so act fast! Call us at 855.505.1900 to secure yours.
Key Takeaway: Bob shares his single most important message for investors considering platinum right now.
Find more of Bob Moriarty's insights at:
321Gold.com
321Energy.com
Article Mentioned: Bull Cycle Brewing in Platinum Group Metals -https://www.mining.com/bull-cycle-brewing-for-platinum-group-metals-goehring-rozencwajg/
Don't miss out on this insightful conversation that could redefine your perspective on Platinum!
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Proven and ProbableBy Maurice Jackson

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