>>20320849right now pretty much all commodities look bullish
>energyoil, natty, coal, uranium all strong and producers cheap. Uranium juniors mostly fairly priced but Cameco and especially Kazatomprom are cheap, some juniors like Global Atomic pretty cheap but may need stomach for political risk. Quality oil producers like Exxon and CNRL are still super cheap despite all time high prices. Natgas focused producers still good to go for leverage to improving natty prices but also some of them are making good money even when natty has been bottoming, like Tourmaline and Arc. And coal producers still trading at <5x EBITDA or something, met coal remains strong and thermal coal is improving along with natty
>precious metalsgold making new ATHs and I think we might see some truly unthinkable gold prices by the end of the decade, gold miners probably some of the cheapest and lowest risk bets in the entire market right now. Silver of course more speculative but will probably outperform gold until it crashes back down when the bull market has peaked. Platinum is beginning to run up probably due to physical demand, palladium is catching bids probably due to exhausted supply.
>base metalscopper shortage is leading the charge for other base metals like zinc, tin and aluminum which are also in dire straits from a supply perspective. Iron ore is also catching a bid but is probably weighed down still by lower real estate demand. Even nickel has started to run up due to supply fears in New Caledonia.
>othersfertilizers look like a buy, ammonia tends to follow natty because natty is a feedstock for ammonia and Nutrien and Mosaic look like they have found a potential bottom. Lithium I think still needs to find a proper lower bottom but who knows maybe this is it? The four main REE prices seem to be getting to a bottom soon too. Titanium and steel look pretty bottomed. Even lumber might be gearing up for a longer term higher low type chart pattern, but it might also dump more
