Energy – the EROEI will eventually shows its hand. WTIC will return to $150 and above. A high mileage Vehicle is recommended.
Long Crude is going to be an amazing trade – likely one of the most profitable. Far exceeding the metals initially – Cl & QM recommended – NO ETF’s – they leak and basically rob you of the trade for the majority of time held.
Owning Physical will be the Play in Metals. Most Mining Companies are unhedged to Energy – purposefully so. They won’t perform as expected once reality sets in – this next run is a pure play on the Metals.
Will the Miners run… yes, of course, but over the Long Haul they are paper promises to delivery reserves in the ground. Very few will be LT Holds. Specs will chase the Juniors, they are assured of screwing shareholders once again.
The temptation will be too grand.