Commodities: Diverse opportunities
The Commodities Market in a Sustainable World
This commodities update centres mainly on gold, silver, and the wider mining industry. Is gold the right inflation hedge for you? What about the role of silver in sustainable investing? Commodities are no panacea for market volatility, but they are worth considering in your allocation.
Stagflation 2.0 – 'In Gold We Trust' Report (Incrementum, 2022)
This comprehensive annual report on the precious metals market has gold at its core but also covers topics including inflation and stagflation, Bitcoin, mining shares, and silver.
Gold Refining and Recycling: India gold market (World Gold Council, Jun 2022)
For compliance reasons, this paper is only accessible in certain geographies
Part of a series of papers on India’s gold market, this piece considers the refining industry and the important role of recycling in a country where demand exceeds domestic supply.
Global Mining Outlook (KPMG, 2022)
A standout from this report is that for the first time in its 12-year run, commodity price risk has been replaced as the mining industry’s top concern by environmental risk.
Silver Demand and Supply Trends to Watch (Sprott, 2022)
Silver has suffered in the recent market volatility, but there may be reasons – including supply constraints and the green energy transition – to be bullish on this precious metal.
Is Gold the Answer? (Absolute Return Partners, 2022)
Gold could be a useful weapon against runaway inflation, but you might be surprised as to why. Also don’t discount silver – less for hedging, more for its low equity correlation.
ROUND-UP
African Oil & Gas and the Energy Transition (McKinsey & Company, 2022)
Demand for energy in Africa could rise 30% by 2040, just as the world is trying to move away from fossil fuels. What opportunities could this present for the continent?
U.S. Farmers Face Challenges but Eye Another Record Year (Manulife IM, Jun 2022)
For compliance reasons, this paper is only accessible in certain geographies
Exploring a largely positive outlook for U.S. agriculture, this article covers data and price prospects for row crops and permanent crops, along with farmland market indicators.
Wisdom of Crowds and Commodity Pricing (2022)
Using data from Twitter between 2009 and 2020 to gauge commodity sentiment, this paper examines potential sentiment premia and sentiment-induced mispricing in commodities.
