We are going to see a multi-year bull market in commodities. This is going to stem from the supply shortage we are currently seeing arise. In my mind, this will start with oil and then filter to the other areas such as metals.
In this video I discuss the supply/demand dynamic, especially in oil and how it is going to set off a wave of commodity price rising.
▶️ 3Speak
The bulls market of course tend to thrive when there is shortage and yeah I agree with you that the price of oil will go bullish...but how long will the bullish trend last??that I cannot say for now...but the bulls will soon take over the commodity market just like you also said....@taskmaster4450le
@taskmaster4450le awesome analysis from you...
Investing on commodities too is not a bad idea but they can also offer good return in Investments...
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Check out the last post from @hivebuzz:
I think the bull run in commodities was already predicted to an extent due to the cycles. Most of the commodities have been accumulating in the same price for a long while the other stocks were flying high way before this. As for when or how long it lasts, I do not know. However what I want to know before jumping in on oil is whether or not demand for oil is still there. If demand is not there, then prices will fall back down but if there is demand, then I fully expect it to soar.
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I believe the commodities market have been kind of slow recently and I would love to see them go bullish because they also are worth investing on too though I now prefer investing more on cryptocurrencies instead of commodities...