TimLie (@TimLie) on getquin

5Mon·

An initial position established. It is predicted that demand for copper will exceed supply as a result of the energy transition.

Is anyone else here invested in mining companies - who have you chosen?

$BHP (+0.06%)
$ABHPG
$RIO (-0.58%)
$GLEN (-0.38%)
$FCX (-0.01%)
$AAUKF

30.05

BHP Billiton

Bought x18 at €27.49

€494.82

17 Comments

Florian@FloowSwager

5Mon

Grupo mexico 😉

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GHFx@GHF

5Mon

I studied commodities very intensively 20 years ago, but was only ever able to explain the trends with hindsight (somewhat unfortunate for investing). That's why I stay away from commodities and mining stocks.

What I find problematic is that commodities are hyped every few years because demand foreseeably exceeds supply.
This is certainly true, but nothing new.
But whenever this argument is used to justify a purchase, I steer clear of it.

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