I think it's useful sometimes as a Resource Investor to consider...

I think it's useful sometimes as a Resource Investor to consider the order of bullishness in commodities. This means in the next period ahead what commodities you expect to perform the best and why. For me at the moment it is:
1.Grains - really cheap
2.Other soft commodities - in demand
3.Gold - momentum
4.other Precious metals - catch up
5.Oil - Economic & Geo-strategic concerns, demand falling but Iran could easily close the Straights of Hormuz any time
6.Uranium - ready for the next leg up
7.Copper - weighted on by economic growth fears, buoyed by AI build out
8.Tin - smelter constrained
9.Rare Earths - waiting for the tide to turn
10.Aluminium, Nickel - economic concerns
11.Lithium - oversupply
12.Iron Ore - China demand cliff
This doesn't reflect how quickly a commodity can change in the order.
Keen to hear others thoughts.