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Not Just Gold: Why ALL Commodities Are Moving Together | Lobo Tiggre

Jan 8, 2026
Lobo Tiggre, publisher of the Independent Speculator newsletter and expert on commodities, shares insights on the recent silver and copper breakout, suggesting it indicates an early-stage commodity supercycle. He elaborates on the significance of ‘Doctor Copper’ as an inflation signal and discusses how recent monetary policies resemble QE without the name. Tiggre emphasizes the importance of careful profit-taking strategies and highlights potential supply bottlenecks in the mining sector, making the future landscape intriguing for investors.
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INSIGHT

Commodities Moving Together

  • The rally is broader than just gold and silver because industrial metals like copper and nickel are also surging.
  • This breadth suggests an early-stage commodity supercycle rather than a precious-metals-only safe-haven move.
INSIGHT

Supercycle Is Uneven

  • Commodity cycles are multi-year and move as a class at times, but individual commodities can diverge due to idiosyncratic factors.
  • Expect uneven performance across metals and avoid assuming every commodity will rise equally.
INSIGHT

Copper Signals Money, Not Growth

  • Rising commodity prices reflect monetary conditions and money supply, not necessarily a healthy economy.
  • Dr. Copper may be signaling money and inflation rather than robust economic growth.
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