Michael Haigh

Michael Haigh, Managing Director of Fixed Income and Commodities Research at Societe Generale, dives into the complexities of Venezuela's oil reserves and their impact on global markets. He explains why political actions won't result in immediate oil output increases and highlights the influential role of OPEC and China in price dynamics. The discussion also explores copper's bullish potential driven by electrification and AI, while gold and silver remain attractive due to central bank demand, though risks loom if buying slows.