“Three Commodities Set To Boom As The Global Economy Recovers”
March 18, 2021
“#1. Oil
After a historic slump, oil has also been on a tear, up 110% in a year. In a sharp turnaround from last year, the energy sector has emerged as one of the best-performing. Brent crude has been flirting with $70 per barrel, a level it last touched nearly two years ago…
#2. Copper
Similarly, Danielle Shay has picked copper as the other commodity that can perform well in a reopening economy and also act as a good hedge against inflation. The price of copper has doubled in the past year to over $9,000 a metric ton for the first time in nine years driven by tight supply and strong demand for the industrial metal…
#3. Lithium
Lithium bulls are enjoying their best moment in decades, lithium prices already up 88% YTD thanks to robust demand for cobalt and nickel free EV batteries…”
https://finance.yahoo.com/news/three-commodities-set-boom-global-220000104.html