I like everything about this one
1. Break out of the long term down trend (not completely out of it but moving in the right direction)
2. All macro behind it is looking great
3. Anti-inflation hedge
4. Very underpriced compared to equities
5. Rotation in commodities might be a theme for 2021
This is a long term, slow growing asset class. Do not expect any mega moves. If market sniffs out value here, it might jump.
1. Break out of the long term down trend (not completely out of it but moving in the right direction)
2. All macro behind it is looking great
3. Anti-inflation hedge
4. Very underpriced compared to equities
5. Rotation in commodities might be a theme for 2021
This is a long term, slow growing asset class. Do not expect any mega moves. If market sniffs out value here, it might jump.
