Auspice was featured in the December 24th 2024 special to the Financial Post.
There are always surprises in commodities. It wasn’t too long ago when investors were exuberant around so-called “energy transition” commodities. Now we look back, lithium, cobalt and natural gas are among the worst-performing markets in 2024. The long-term fundamentals are compelling, but timing is everything.
As we enter 2025, timing for these and other commodities may be opportune. The election result in the United States and the Republican platform are widely considered inflationary, with commodities a key component in this.