This INN interview was recorded Sunday afternoon, after the latest outbreak of war, but before futures started trading. The then-likely surges in gold and oil have now materialized, making my comments on how they likely play out all the more material now. Plus, Charlotte asked me (nicely) what I learned from what I got wrong in 2025, making this more than just another conversation about my take on critical minerals and other commodities today.

Timestamps:

00:00 - Intro
00:22 - Gold, silver prices
04:43 - Middle East conflict
09:24 - Oil prices and stocks
16:38 - Lobo vs. GDXJ
21:27 - AI, uranium, copper
27:18 - Lobo's shopping list
30:00 - PGMs opportunity
34:46 - Parting Thought