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Analyst Price Outlook Metals

What do commodity analysts think of base and precious metal prices over the long-term?  They are decidedly bearish on precious metals, with the exception of platinum (it is unloved and historically cheap).  

Platinum
Platinum
Gold
Gold
Silver
Silver
Palladium
Palladium

With respect to base metals they are neutral for copper, lead and zinc.  Nickel seems to be the only one with a hint of bullishness.  That makes sense as the supply of battery-grade nickel is a little bit uncertain (and by a little I mean a lot) and everyone is counting on the big green push to electric vehicles (demand boom). 

Lead
Lead
Copper
Copper
Nickel
Nickel
Zinc
Zinc

Green Revolution Commodity Tickers ???

I am looking for the next 5 to 10 baggers to benefit from the electrification of the economy and the Green revolution.  My issue is that I don't have a good grasp on which commodities will surge in demand and what mining companies have ounces in the ground today.  I currently allocate 10% of my portfolio to copper mining companies through COPX.  Is there a better play on Copper?  Nickel - I have used JJN for pure exposure and I invest in Norilsk Nickel - there certainly must be better pure plays on Nickel? What are the other specific commodities to buy?  I invest in LIT which is generally an electric battery ETF and I am aware of BATT - but these heavily weight Tesla and other companies.  Has anybody conquered this subject already and is willing to share a spreadsheet with tickers and allocations?

Long Platinum (PPLT)

Holding Time: 2-3 quarters

Theses:

This is essentially an extension of the original thesis for my ZARJPY trade, the full theses can be found here:
https://exchange.realvision.com/post/long-zarjpy-5fdb998d64d4dfe770c38eea

However, there are a few additions for platinum.
Platinum has both precious metal and industrial metal characteristics.
Despite precious metals, gold and silver, having amazing run ups this year, platinum has been a laggard and yet to make a huge run up.
Recently, gold prices have been taking a beating and although platinum price movements tend to correlate well with gold, platinum has been markedly more resistant than gold.
This is reflected in the Platinum/Gold ratio, which was stuck between 2 horizontal lines (0.45 - 0.5) but broke through mid-November. Spot price of platinum has started moving towards new 2 year highs, attempting to break through a resistance at around 1000.

The increase in industrials, as mentioned in my ZARJPY trade, coupled with a potential tailwind from the EV crowd (Platinum is used as a catalyst) also gives a potential one-off catalyst that platinum could benefit from, if MOMO and retail crowding into the EV/Green narrative on the shoulders of a Biden victory cause an impact in the markets.
Finally a weakER USD acts as a gentle tailwind for all commodities.

Possible Risk Signals:

Since the thesis is the same as the long ZARJPY trade, the risks are more or less the same,
In brief -
US10Y making a sharp move downward below 0.75 would negate this thesis in my mind.

ECRI and PMIs... (More)

YOUR INPUT IS NEEDED Jack Farley gives Rare Earths CEO... softball? Hi all, today I interviewed James Litinsky, the CEO of MP Materials, the only rare earths mine in the western hemisphere. I was very happy with how the piece went, as James told me stuff that he hasn't told any other media outlet (he has been doing a lot of 3-5 minute interviews since MP went public, and gave me 75 minutes of his full unfiltered opinions). However, I am noticing some comments saying I was too soft on James. Do you agree with Patrick S? Was I too soft on James? Should I have asked him more hardball questions? What do you think went well, if anything? What else could I do to be better? Would *love* your feedback As I wrote to Patrick, I am new to interviewing so am always looking for constructive feedback so I can get better and bring more insights to the Real Vision community from our guests. Link to piece: https://www.realvision.com/shows/the-interview/videos/james-litinsky-rare-earths-taking-center-stage-in-the-electric-vehicle-boom?source_collection=8e80b18fdb074555bdd47d97e73fbe91 Here is what Patrick S wrote: Jack, I want to preface my remarks by saying, that I do like Real Vision, and that I am a very pleased shareholder of MP. I am up over 75% to date and I do believe that the company can continue to do well. I watched this interview to learn something more about the management of the company. HOwever, .....this was an interview that I hope you NEVER repeat. It was worse than anything I... (More)