“This is exactly the type of market we love to be involved with: prices are still 80% off their highs, investor interest among generalist investors is extremely low, and the fundamentals have turned...
Based on extremely favorable supply and demand trends, especially in India, copper continues to be our favorite metal.
Natural gas prices have surged 20% since mid-September, though the rally is likely behind us. Unless you follow the natural gas market or received a bill from your energy company recently, you may...
Between October 2006 and June 2007, uranium spot prices rose from approximately $60 to over $130 per pound. This was at least partially a result of the 2006 flooding of the Cigar Lake Mine in...
Although natural gas demand remains extremely strong, supply continues to surge. Image Source: https://oklahomaminerals.com/natural-gas-storage-underground-overlooked-and-under-appreciated/ Low...
Global grain markets continue to be on a knife’s edge. Because of extremely strong grain demand, any drop in record global grain yields will have huge impacts on global grain inventories, which are...
Copper equities have pulled back significantly in the last six months and we believe that many offer excellent risk-reward characteristics.
We believe gold today is undervalued and that a huge gold bull market could lie in front of us.
For the third consecutive year, the only source of non-OPEC supply growth has come from the US shales. This trend will likely continue, although we believe shale production growth will likely slow.
“In the second half of this decade total capital expenditures by the large oil and gas groups is projected to fall almost fifty percent to $443.5 bn from $875.1 bn according to Rystad Energy...” ...