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Global shift sparks commodity bull market, boosting gold and copper demand amid rising inflation and resource race.

Market News
04 Jun 2026
Kitco
View Source
Neutral
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At the Sohn Montreal Conference, experts from Bridgewater Associates and Gavekal highlighted a global shift from globalization to geopolitical competition and resource hoarding, driving a sustained commodity bull market. This new era features structurally higher inflation fueled by supply chain rebuilding, AI infrastructure demands, and deteriorating demographics. Governments are prioritizing strategic reserves of commodities like gold and copper over traditional financial assets, as U.S. Treasury dominance wanes. Investors should note the rising importance of physical resources, with gold favored for uncertainty and copper for energy infrastructure growth, signaling a fundamental change in portfolio strategies.

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