Editor's note: Don't waste time predicting the next "black swan" event...
Many investors aim to set themselves up for huge profits by betting on the next war, pandemic, financial crisis, or big move by the government.
But according to Nick Hodge – co-founder of Digest Publishing – you don't need another seismic event to succeed in today's market.
In today's Masters Series, Nick details how you can profit from investing based on the current market setup...
The Next Bull Market Is Already Here
I don't try to predict "black swan" events.
I don't try to time war or disease or whether someone in Taiwan sneezes.
I pay attention to what's actually happening in the markets – what's real, what's moving, and what's being ignored. That's how I manage risk. And that's how I position myself early for real opportunities.
Right now, the opportunity is in commodities. Not because of hype or the latest headlines, but because of years of structural neglect, underinvestment, and shortsighted thinking by governments, policymakers, and investors alike.
Mining is hard. And since mining is hard, the people who pay attention – people like me – are seeing real profits.
Let me walk you through how I see the market today, what the recent moves in gold, silver, copper, and uranium actually mean, and how I'm making money by understanding the challenges no one wants to talk about...
There's no need to call a top or a bottom. You don't need a crystal ball. Just look at what's happening.
Gold is near record highs, silver is pushing higher, copper has broken out, and uranium is near decade highs.
And yet, most investors are still sitting on the sidelines.
I've been in this sector long enough to know that the biggest gains don't come from guessing. They come from understanding cycles... and acting when it's uncomfortable.
The commodities bull market we're in right now didn't start this month. It has been building quietly for more than a year. I've been talking about it since late 2022. And now, it's starting to accelerate.
Prices are moving. Governments are spending. And the fundamentals are tighter than most people realize.
Take copper, which is trading around $5 a pound in the face of what most people would call an uncertain global environment.
But I'm not surprised.
I've been saying for months that the copper market is on a knife's edge. Global demand continues to rise, driven by artificial intelligence ("AI") infrastructure, electric vehicles, grid expansion, and traditional construction. But on the supply side, we're getting warnings left and right.
Freeport-McMoRan (FCX) temporarily shut down operations at its massive Grasberg mine due to a mudslide. That's one of the biggest copper and gold mines in the world. Plus, Ivanhoe Mines (IVPAF) suffered a fatal accident at its Kamoa-Kakula Copper Complex, halting production.
What's more, we simply don't have enough new copper projects coming online to meet growing demand. And the ones that are coming take seven to 10 years to build, even under favorable conditions. That's not something you fix with a tweet, bill, or rate hike. That's structural, and it's bullish.
People used to think gold only moved when the dollar weakened or when the Federal Reserve cut interest rates. That's not how it works anymore.
Gold has been hitting all-time highs even while the dollar stays firm and the Fed stays tight.
Why? Investors aren't just reacting to monetary policy anymore. They're reacting to instability, distrust, geopolitical chaos, and a system that doesn't feel like it's working.
Gold is breaking out because confidence is breaking down. And silver is following.
These precious metals have strongly outperformed the S&P 500 Index this year. Take a look...
Precious metals are experiencing a technical breakout.
When gold leads and silver confirms, that's a bullish setup. We're in the early innings of a classic precious metals rally. And if you're paying attention, there's still time to prepare before the big crowd shows up.
Uranium has been one of the best-performing commodities over the past few years – and it still has room to run.
We're seeing strong institutional buying. Utilities are coming back into the market. And long-term demand is solid.
But what I'm really watching is supply.
Cameco (CCJ) has missed its production guidance. Kazatomprom, the largest uranium producer in the world, has said it won't hit its targets for the next two years due to a lack of sulfuric acid.
Let me repeat that: The biggest producer in the world can't get the acid it needs to leach uranium from the ground. That's a big deal.
Meanwhile, demand is increasing. Nuclear energy is getting bipartisan support in the U.S. New reactors are coming online globally. Small modular reactors are gaining traction. Even the U.S. Department of Energy is building a strategic uranium reserve.
Supply is fragile, and demand is growing... which has caused prices to take off.
I've owned uranium stocks since 2020. I've bought on weakness and taken profits along the way up, but I still see a path to significantly higher prices.
If you've never invested in mining before, let me tell you it's not easy.
Permitting is slow. Environmental opposition is strong. Supply chains are complicated. Labor is tight. Politics are unpredictable. Accidents happen. Equipment breaks.
That's reality... And it's why I'm bullish.
You see, when something is hard, it doesn't scale easily. And when it doesn't scale easily, supply stays tight.
You can't snap your fingers and create a new lithium supply chain. You can't magically replace Russia's palladium exports. You can't build a new copper mine in two years. It just doesn't work that way.
That friction is what creates the opportunity. It's what makes commodities cyclical. And it's what gives investors like me a road map.
A lot of people try to invest by predicting "black swan" events.
They want to time the next war, pandemic, financial crisis, or big move by the Fed or the White House.
That's not how I operate.
I don't need a black swan to justify owning hard assets. I don't need a crash to make money in uranium or a recession to like copper.
I invest based on what's actually happening – what the market is telling me. And right now, the market is signaling we're in the early stages of a real bull market in commodities.
This bull market is based on supply shortages, infrastructure demand, inflation, and resource nationalism – on real things, not imagined risks.
If a black swan happens, so be it. But I'm not betting on one. I'm betting on cycles and on reality.
We've already seen the breakouts, as these commodities have moved higher. But it's not too late. In fact, I'd argue it's still early.
The big institutions haven't piled in yet. Most retail investors haven't even noticed.
That's exactly when you want to be building positions... when the market is giving you a gift – but hasn't put it on the front page yet.
Mining is hard, supply is tight, demand is rising, and prices are responding.
You don't need a crystal ball. You just need to pay attention. That's what I do. And it's why I'm making money in this market. The question is... are you?
Regards,
Nick Hodge
Editor's note: Right now, the U.S. government is charging into the stock market by moving money into a "buy list" of national security stocks – sending them soaring hundreds of percent. And the next group of stocks the White House buys could skyrocket even higher...
If you want to know how to prepare – including the one stock folks will be wishing they owned in six months – Nick and investing legend Rick Rule just went on camera to reveal exactly what you must do.
