Hi All been going thro innumerable podcasts.The overwhelming...

Hi All been going thro innumerable podcasts.The overwhelming consensus is that the trade over the next decade maybe short s and p/ long natural resources.While at present demand destruction is the order of the day /negative real interest rate /lack of capital investment over the decades/pool of liquidity drying up /ESG and structurally higher inflation greatly increasing project economics- throw in move to zero carbon/covid delays and the perfect storm for commodities exists
So provided the sun continues to rise the macro favors resource investment hugely .It will be interesting to see what happens when the CBs pivot.I will continue to add to resource holdings over time but no hurry.Like us all would love to see some progress at RVR it would then be a screaming buy.

cheers van