Looking at the resource sector, Martin, who also hosts the Jay Martin Show on YouTube, said the current decade has been defined by chaos and uncertainty, with no signs of a slowdown any time soon.
With that in mind, his macro thesis on commodities remains steadfast, and he’s watching three key drivers.
The first is geopolitics, which Martin said now matters more than it ever has before.
‘Countries that used to share resources aren’t sharing them like they used to. And when the supply of something becomes uncertain, the price of that thing goes up. That’s fueled a lot of the commodity prices that we’ve seen,’ he said.
Martin also pointed to a lack of investment in the mining industry as important.
‘These two forces butting up against each other makes for a very bullish case,’ he explained.
He also pointed to copper’s bullish supply/demand setup as a scenario that could play out for other metals as well — while the balance has been fairly consistent for decades, it’s now looking like supply is set to fall short.
‘You can take that blueprint and apply it to silver and nickel and many other commodities,’ Martin said.
When it comes to VRIC, there will be three main themes: geopolitics, macro finance and capital allocation in mining. He’s planning to bring together experts who can speak on those topics, and said more than 100 keynote speakers will be taking the stage. Three hundred mining companies are also expected to attend, as well as over 9,000 investors.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
