Commodity shortages loom: "Good for investors, bad for the rest" / Which shares are worthwhile
Ok, the headline is a bit sensational. But cool interview from a René.
Among other things, it's about the commodities uranium lithium silver and copper
https://youtu.be/YbebkkKcdS4?si=ZkUYJDr4ApFfILBP
"The outlook for commodities seems good, as far too little has been invested in recent years. However, commodities as an asset class are not quite so simple and there can be nasty surprises. I spoke to Urs Marti, manager of the SIA Long Term Investment Fund Natural Resources, about what is important. I have to say: I've rarely had a guest talk to me in such a humorous way. And welcome to "Rene wants returns"!
Important points:
00:00 What can be learned from the price slump in lithium
05:56 The fluctuations in commodities
07:44 Too little has been invested and that will take its toll
09:45 The fatal impact of ESG on commodities
10:29 Is a commodity shortage looming in the next few years?
11:29 Four percent of production is lost every year
13:23 What could happen next with oil
14:04 The mistakes of the energy transition in Germany: the nuclear phase-out was the lignite phase-in
14:51 Switzerland is doing good business with cheap German electricity
15:49 The price of uranium has risen sharply - will it keep going up?
21:27 Where Urs Marti now sees opportunities
23:33 Not on the marketing straight at
commodities
25:18 Be careful with silver mines
26:30 What to consider when investing in
commodity companies 34:20 Politics is the problem with big companies
companies
35:21 European oil companies on the wrong track $SHEL (-0.63%)
$TTE (-2.35%)
36:17 Stocks that Urs Marti likes:
36:20 Glencore $GLEN (-3.59%)
36:54 Harbour Energy and Aker $AKER (+0.37%)
39:44 Cenovus $CVE (-1.42%)
