In the Money with Amber Kanwar

Why Commodities Could Be the Trade of the Decade


Listen Later

Are commodities entering a stealth bull market? In this episode of In the Money with Amber Kanwar, portfolio manager Bob Thompson makes the case for why investors should look beyond tech and get serious about the next major cycle: commodities.

Bob explains why gold, copper, uranium, and fertilizer stocks are poised for long-term outperformance and why we may already be in a commodity bull market that most investors are missing. From underinvestment in mining to decade-long US dollar cycles, he breaks down the macro forces driving this pivot and the historical parallels that suggest a major reversion is coming.

In the mailbag, Bob names top Canadian stocks and sectors he’s quietly building positions in including Nutrien (NTR), Capstone Copper (CS), ARC Resources (ARX), and Canadian Natural Resources (CNQ). He also shares his outlook on Barrick Gold (ABX), Cameco (CCO), and Telus (T), plus insights on the TSX Venture’s recovery and why gold has outperformed the S&P 500 since 2000.

Then in his Pro Picks segment, Bob highlights 3 top-performing funds across energy and mining: the Sprott Physical Silver and Miners ETF (SLVR), the Dynamic Active Mining Opportunities ETF (DXMO), and the Ninepoint Energy Fund all backed by managers with serious alpha-generating track records.

If you’re questioning U.S. tech valuations, considering inflation hedges, or wondering how to invest in a multi-year energy and metals supercycle, this episode is packed with high-conviction, data-backed insights you won’t want to miss.

Timestamps

00:00 Show intro
2:40 Why Bob Thompson thinks commodities will be the place to be for the next decade
05:20 Why are we in a stealth commodity bull market?
08:05 How to think bout being a commodity investor
10:50 The companies you should consider investing in during a commodity bull market
12:50 In order to get the macro picture right, you have to get the U.S. dollar call right
16:00 History doesn’t repeat itself but it rhymes
20:30 Crypto & gold 
22:10 Why the TSX venture is poised to outperform 
24:20 The AI trade as a commodity trade
26:00 Risk and reward in commodities and investing
31:00 ITM Mailbag: Why Bob likes gold, silver, copper and agriculture stocks
36:30 Arc Resources stock (ARX.TO)
37:45Canadian Natural Resources stock (CNQ.TO) 
42:40 Barrick Gold stock (ABX.TO)
46:00 When to take profits in gold 
49:40 Favourite non-commodity stock: Telus (T.TO)
51:30 Bob’s Pro Picks  


Sponsors
This episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20

For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned.


Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. 

Links
https://inthemoneypod.com/ 

https://instagram.com/inthemoneypod

https://facebook.com/profile.php?id=61569721774740 

https://twitter.com/inthemoneypod 

https://tiktok.com/@inthemoneypod

[email protected]

DISCLAIMERS 

The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.


BMO DISCLAIMER 

Terms and conditions apply. BMO InvestorLine is a wholly owned subsidiary of Bank of Montreal. Member – Canadian Investor Protection Fund and Member of the Canadian Investment Regulatory Organization.

 

The opinions and views expressed in this presentation are those of the presenter and not necessarily BMO InvestorLine Inc. This presentation is prepared as a general source of information and is not intended to provide legal, investment, accounting or tax advice, and should not be relied upon in that regard. If legal or investment advice or other professional assistance is needed, the services of a competent professional should be obtained. Any information contained in this presentation does not constitute and shall not be deemed to constitute advice, an offer to sell/purchase or as an invitation or solicitation to do so for any entity. The content of this presentation is based on sources believed to be reliable, but its accuracy cannot be guaranteed. BMO InvestorLine Inc. and its affiliates, sponsors and employees do not accept responsibility for the content and makes no representation as to the accuracy, completeness or reliability of the content and hereby disclaims any liability with regards to the same.

In the Money delivers expert stock picks, market analysis, and timely investing insights. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers and financial experts. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy.


Contact: [email protected]


#IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews


.


...more
View all episodesView all episodes
Download on the App Store

In the Money with Amber KanwarBy Amber Kanwar

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like In the Money with Amber Kanwar

View all
Michael Campbell's Money Talks by HPC Inc.

Michael Campbell's Money Talks

83 Listeners

Build Wealth Canada Podcast by Kornel Szrejber: Investor

Build Wealth Canada Podcast

11 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

938 Listeners

The Dividend Guy Blog Podcast by Dividend Guy

The Dividend Guy Blog Podcast

64 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

The Rational Reminder Podcast

446 Listeners

ARC ENERGY IDEAS by ARC ENERGY RESEARCH INSTITUTE

ARC ENERGY IDEAS

28 Listeners

The Canadian Investor by Braden Dennis & Simon Belanger

The Canadian Investor

78 Listeners

The Peak Daily by The Peak / Curiouscast

The Peak Daily

12 Listeners

RiskReversal Pod by RiskReversal Media

RiskReversal Pod

797 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

11 Listeners

On The Tape with Danny Moses by RiskReversal Media

On The Tape with Danny Moses

143 Listeners

Market Call by BNN Bloomberg

Market Call

13 Listeners

Long Term Investing - With Baskin Wealth Management by Barry Schwartz

Long Term Investing - With Baskin Wealth Management

7 Listeners

Canadian Wealth Secrets by Kyle Pearce, Jon Orr

Canadian Wealth Secrets

24 Listeners

TLDR by Devin Friedman, Sarah Rieger, Matthew Karasz

TLDR

31 Listeners