Cameron Gleeson

And China essentially wanted to dominate these supply chains, came out and flooded the market and compressed prices, credit over supply.

Where we're seeing a difference this year, and obviously AI is a big part of this, is that the US government is looking to ensure that there is incentives for suppliers of these commodities that are outside China.

And so providing price signals, providing financial support, they've actually invested equity in producers like MP Materials that produce rare earths.

This has sort of been strategically important for governments and it provides support for these companies.

And as a result, we've started to see that the commodity prices in this complex have done really well, as have the share prices of these producers.

And we think we're going to see some big announcements out of the White House and Europe around building out that supply chain this year.

And we think it

that there's a really strong case for investing in critical mineral producers.

Look, I think where we sit right now, I think all of that's interesting.

I think you want to hold a bit in either camp of what we sort of call this barbell of commodities and AI.

Yep.

You know, in terms of diversified exposure to AI, we must, you know, note that there will be turbulence within that ecosystem.

But as I sort of mentioned, NDQ or the NASDAQ, broad exposure to the global leaders.

I think, you know, Asia gives you that lead in in terms of, you know, the production of chips and the like.

And then we've also got to think about what could go wrong here.

And so the commodity side of things is important.

Not only can you, for example, invest in fuel, which is a beta shares ETF that provides exposure to global energy companies.

We must acknowledge the fact that if things were to get out of hand in the Middle East,

At this stage, the US looks pretty insulated, but there are other parts of the world that are exposed.

Holding exposure to global energy companies could be a really important hedge in your portfolio.