Opinion: December 29, 2021. Will the Rise of the Hydrogen Economy Help the Platinum Prices?

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The short answer to the question is yes. The main reason is that the the chemical process necessary for the generation of hydrogen needs platinum as a catalyzer.

There are strong indicators that in the following years, several countries will develop a hydrogen economy. The process of "burning" hydrogen does not generate carbon dioxide and this is very attractive for the countries who want to place an emphasis in developing a "green" economy.

The demand of platinum will increase and if the supply does not increase in parallel, scarcity will be created.

For further information, please read this article

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.
Opinion: December 29, 2021. Will the Rise of the Hydrogen Economy ... | Ecency