Global investment in infrastructure and inflationary pressures are driving a new commodity boom, fund manager Wasif Latif said in an interview.
Latif, the chief investment officer at Texas-based Sarmaya Partners, says demand is rising for oil, gas, gold, and industrial metals.
“We think the commodity supercycle has just begun,” Latif said last month during the Gold Forum Americas in Colorado Springs. “The world is returning to tangibles (as opposed to intangibles such as tech stocks, cryptocurrencies, NFTs, and software companies)—good old-fashioned commodities that we need to grow our economies and survive.”
The resource-focused investor believes rising product prices will eventually lead to stronger performance for related equities, particularly in the gold, copper, and uranium sectors.
Sarmaya Partners plans to launch an ETF next year, expanding access to its commodity-focused investment strategy.
Watch the full interview below with The Northern Miner’s western editor, Henry Lazenby.
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