Surging Commodity Prices
You may have seen how commodities have surged recently. Some metals have lagged behind the surge and have definite supply shortages in the coming years.Oil has lagged but any increase in Middle-East or other warmongering can see sharp unpredicted rises.Particularly, Gold hit almost 4,500 USD/ounce.
Update October 24th
Precious metals saw record highs with both Gold and Silver reaching euphoric highs. There was a sharp pull back last week and consolidation. I wouldn’t be surprised for Gold to correct to 3,200 and silver to 35 USD an ounce. I think demand destruction should set in on precious metals at the record prices.
What remains cheap at this moment is oil, building materials and lithium. There is also the case that platinum is cheap but there are possible replacements for this metal.
Crypto Currencies
Bitcoin and Ethereum have stole day again and continue to steal the day in the crypto space. This can change dramatically. The fact that they don’t offer any greater utility than some cryptos at a fraction of their market cap would be something to note. Remember, when the big investors eventually dump BitC, it will.be ugly very quickly.
Big Tech
Big Tech has had its day. Besides the trade wars and huge amount of anti-competitive regulatory environments Big Tech works around, eventually countries and governments will have enough.
Disclaimer
All tips given are from my own personal research of the markets, looking at history,trends and tuning into the latest political ,economic and world news. None of my tips are investment advice and you should do your own due diligence before you make any investment decisions.Furthermore ,I stand to gain nothing from the bona fide tips given on my website. That said the LastEuropean wishes you the best of luck )