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 …