In the Federal Reserve’s inflationary favor are commodities with the analyst consensus expecting rising prices from 2020 to 2025 for: copper, zinc, nickel, lead, cobalt, and platinum.
With the admittedly important exception of energy, the agriculture, industrial metal and minerals and fertilizer commodities have clawed back effectively all of their 2020 losses; most are up on a year-over-year basis. Gold, silver and palladium standout for not currying favor with analysts and prices are expected to fall over the period.
It seems analysts are expecting a continued, steady economic recovery. Hence, the bifurcation in metals.
Your RVEx-er will take the other side of that bet. Why? Because the monetary policy baton is being passed from non-voter facing central banks to voter-facing ministries of finance. From QE to MMT; from inflation targeting to helicopter money. Inflation will (likely) come by law and regulation.