Post by
tarsands on Sep 15, 2021 11:56am
If it isn"t one bad thing or another
Chip supplies will not be back too normal or somewhere very near normal until 2022 (late) or early 2023.
That is the bad news. And so they hit PD & Platinum prices.
Got PD down too $1940 area, roughly the same as it was right before COVID sh@t hit the fan.
Caught everyone off guard, as they never seen this coming, and never ordered enough from the start of the pandemic, and electronics took over (aka work from home) laptops etc.
Anyways the prices for the commodities have somewhat stabilized me thinks.
But as bad or awful as it looks it (DEMAND) will come back but in late 2022 or early 2023.
when do we or when are we supposedly starting the build? Mid 2022 ?
And full production by beginning of 2024?
That is perfect timing, the tightness in chips and auto production will be going gang busters after that.
Comment by
JAUBE123 on Sep 15, 2021 12:18pm
Too bad the Algorithms can't take the time to watch the webinars
Comment by
timeoutofmind on Sep 15, 2021 1:00pm
maybe you should tell your exalted management team ....
Comment by
Lifexprt on Sep 15, 2021 1:07pm
I have, they share my views which is why the webinars keep happening. Trying to raise awareness. Not much will change until financing is secured within the next few weeks.