Commodity supercycle just getting started, could last another 8-15 years - Bull and Bust Report's DeHaemer

DeHaemer observes that uranium miners’ stocks are increasing in price, such as Cameco, which is up over 750% from its 2020 lows, and the same is true for many coal producers. “Oil prices are also up, with WTI above $90 and heading to $100,” he said, noting that JPMorgan sees Brent crude rising to $150 per barrel by 2026.

“During that time, oil climbed from $10 to $150 a barrel, copper jumped $0.60 to $4.60 a pound, and gold went from $250 to $1,921 an ounce,” he said. “In the mid-2000s, China was buying up all the world's commodities as it went on a debt-laden urbanization spree.”

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