Videos Of The Week

A Look At The Energy Landscape Over The Next Couple Years & AI's Impact On Commodities

It’s been a busy week, but I was able to catch up on a lot of interesting material over the last couple days. A couple videos stood out and both are focused on commodities, geopolitics, and current events. The first video looks at the big picture for energy, covering where things might be headed for oil, natural gas, and other commodities. The second video goes through current events and different trends impacting commodities and related sectors. We will see how this summer plays out, but I think we are in for an interesting runway for markets heading into this year’s Presidential Election.

MacroVoices w/ Adam Rozencwajg

This was an in depth look at all things energy. He’s more bullish on natural gas (and the natty producers) than I am, but I’m starting to come around to the natural gas bull thesis in the second half of 2024 and into 2025. One of the things that is interesting is that the producers have held up much better than the spot price, but spot natural gas has had a huge rally over the last month.

They also discuss oil, uranium, copper, and the precious metals. I’m bullish on all three long term, but copper might be due for a pullback in my opinion. One of the other things they cover artificial intelligence’s impact on the electric grid and demand for commodities. People can argue over whether Nvidia is going to capture all of the value from AI, but I think commodities like natural gas that will meet increased demand from the electric grid will be a decent place to invest moving forward.

John Polomny Weekly Recap

I look forward to the Weekly updates and he covers many topics that are worth watching for commodities investors and anyone interested in geopolitics. This week he talked about the tariffs on Chinese goods, which include a 100% tariff on Chinese electric vehicles, among other goods. He also talked about the Russian uranium ban, which is going to be something to keep an eye on for uranium bulls. 24% of enriched uranium that is used by US nuclear plants comes from Russia, so we will see what happens in coming months.

He also looks at oil, where demand continues to grow, and other things that point to a potential increase and liquidity and economies starting to heat up again, like the recent PMI report (purchasing manager’s index). He also talks about some of the issues with government stats, specifically focusing on the healthcare cost inflation. My favorite part is his wrap up where he goes off on the current state of the world and vents his frustration on some of the most ridiculous things going on here in the US and the western world.

Just vote harder and things will change.

- John Polomny