Is the commodities boom here to stay?

Supply chain pressures and war in Ukraine have driven commodity prices to record levels, from oil and gas to nickel and copper, as well as gold and iron ore at multi year highs. The ASX200 is a resource-heavy index, but you may be underweight.

So are higher prices – and higher demand – here to stay? Gavin Wendt from MineLife shares his thoughts on:

• How high prices can really go
• What factors are driving prices, and how persistent they are likely to be
• Which resources are likely to offer the strongest outlook, and
• What to avoid if you’re getting on board.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

 

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.