Follow The Metal

Follow the metal .... and you follow the money.

We're in the middle of a metals supercycle - and most people are still sleeping on it.

The old industrial economy is roaring back. Atoms over bits!

A 2026 realisation i arrived at over time: non-ferrous metals (copper, aluminium, zinc) almost always lead the cycle. Then ferrous kicks in - steel, then iron ore. It's like a relay race that's been running for decades.

This time, two things are driving it differently:

• Electrification-led capex (grids, EVs, renewables = copper and aluminium demand)

• Construction reflation (China stabilizing + global infra spending = steel and iron ore)

History doesn't repeat. But it does rhyme.

Built a simulator to map any metals-linked company against where we are in the cycle. Drop a ticker in the comments - happy to run it.