{"podcast":{"title":"NAB Morning Call","slug":"nab-morning-call-427359","podcast_index_feed_id":427359,"rss_url":"https://feeds.acast.com/public/shows/631a89913c2be9001415dc41","website_url":"https://shows.acast.com/morningcall","image_url":"https://assets.pippa.io/shows/631a89913c2be9001415dc41/1782096193619-f4b4f870-948c-4d31-8eaf-fbd5f5bd0cfe.jpeg","author":"NAB - The Morning Call","episode_count":1637,"summary":"Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-09-30T02:19:13.273360+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359"},"episode":{"title":"Weekend Edition: Platinum, gold’s harder working cousin","slug":"weekend-edition-platinum-gold-s-harder-working-cousin","published_at":"2026-08-28T05:00:00+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359/weekend-edition-platinum-gold-s-harder-working-cousin","show_page_url":"https://stenobird.com/podcast/nab-morning-call-427359","url":"https://shows.acast.com/morningcall/episodes/weekend-edition-platinum-golds-harder-working-cousin","audio_url":"https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a8fba527d95e52c97654ae3/media.mp3","summary":"Friday 28th August 2026 Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here . This week Phil speaks with Edward Sterck, Director of Research at the World Platinum Investment Council, to explore whether platinum is emerging as a higher-torque alternative to gold in the precious metals complex. Sterck explains how sustained market deficits—driven by severe geological supply constraints and deep-level underground mining limitations—initially catalyzed platinum's price rally before broader macro trends like US dollar debasement and geopolitical tensions began driving its movements alongside gold and silver. The conversation highlights platinum’s unique position, contrasting gold's monetary status with platinum's vital industrial demand in green hydrogen technologies, emissions reduction, and expanding applications in AI data centers and semiconductor manufacturing. With global mine supply heavily concentrated in South Africa and Russia and facing structural headwinds that prevent quick production scalings, he highlights why platinum offers higher upside leverage (a 1.3 beta to gold) and why supply deficits are projected to persist well into the next decade. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"Friday 28th August 2026 Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaim…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1733,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/weekend-edition-platinum-gold-s-harder-working-cousin/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/nab-morning-call-427359/weekend-edition-platinum-gold-s-harder-working-cousin.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}