Uploaded May 2026 | Updated September 2026, 2 weeks ago
Tavi Costa joins Darrell to explain why he believes investors still do not own enough hard assets. He breaks down the debt and money supply pressures driving his macro outlook, why recent geopolitical shocks could keep resource prices elevated, and why he sees copper as one of the most asymmetric opportunities in the metals market today.
Follow Tavi:
https://x.com/TaviCosta
tavicosta.substack.com
Brought to you by US Gold Corp (NASDAQ: USAU)
usgoldcorp.com
Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: linkly.link/26yH9
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00:00 Why Investors Still Need More Hard Assets
04:54 Inflation, War, and the Risk of Higher Resource Prices
09:01 Why U.S. Energy Independence Is More Complicated Than It Looks
12:11 Copper’s Supply Crunch Is Becoming Impossible to Ignore
17:10 How Much Higher Could Copper Go?
20:30 Copper Explorers, Producers, and Where Tavi Sees Opportunity
23:57 Fertilizers, Grains, and the Agricultural Commodity Setup
29:07 Why Lagging Commodity Trades Can Move Fast
33:50 Natural Gas and the Coming Power Demand Problem
39:42 Where to Follow Tavi Costa
Copyright © 2025 Cambridge House International Inc. All rights reserved.
Tavi Costa joins Darrell to explain why he believes investors still do not own enough hard assets. He breaks down the debt and money supply pressures driving his macro outlook, why recent geopolitical shocks could keep resource prices elevated, and why he sees copper as one of the most asymmetric opportunities in the metals market today.
Follow Tavi:
https://x.com/TaviCosta
tavicosta.substack.com
Brought to you by US Gold Corp (NASDAQ: USAU)
usgoldcorp.com
Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: linkly.link/26yH9
Sign up for Jay’s newsletter at 2ly.link/211gx
00:00 Why Investors Still Need More Hard Assets
04:54 Inflation, War, and the Risk of Higher Resource Prices
09:01 Why U.S. Energy Independence Is More Complicated Than It Looks
12:11 Copper’s Supply Crunch Is Becoming Impossible to Ignore
17:10 How Much Higher Could Copper Go?
20:30 Copper Explorers, Producers, and Where Tavi Sees Opportunity
23:57 Fertilizers, Grains, and the Agricultural Commodity Setup
29:07 Why Lagging Commodity Trades Can Move Fast
33:50 Natural Gas and the Coming Power Demand Problem
39:42 Where to Follow Tavi Costa
Copyright © 2025 Cambridge House International Inc. All rights reserved.
