Asks within commodities, what's the slow steady grower vs shiny object.
Scarlet Fu
Kathy Kriskey
Energy is underloved. 2026 was expected to have production glut and $40 oil, but geopolitics and China stockpiling changed dynamics. Energy deserves a place in portfolio.
Asks how much more runway the bullish tailwind for energy has.
Katie Greifeld
Kathy Kriskey
Energy hasn't really outperformed yet. Geopolitical risk is a real concern and could push prices much higher. Traders go long Brent call options on Fridays fearing weekend attacks.
Asks if Bitcoin has real problems as debasement trade or is just young/volatile.
Eric Balchunas
Kathy Kriskey
Bitcoin is a young investment. Current debasement trade is about concern over debt, but Bitcoin's role in that trade is on sidelines. It's a precious metal story right now.
Asks when silver will be seen as industrial metal vs precious metal.
Scarlet Fu
Kathy Kriskey
Silver is a small, easily manipulated market that becomes a meme stock. Industrial use (solar panels) cost went from 5% to 30%, leading to substitution in Asia. It is not gold.