Uitgever ETF: WisdomTree

Ticker: WEAT

ISIN: GB00B15KY765

Valuta: Euro

Beurs: Milaan

There is no real grain deal for Ukraine yet. The chance of that happening is not that great. Grains from the Ukraine now enter the world market both by land and by sea. As a result, there appear to be no problems at the moment. The harvests have just ended and there always seems to be an abundance. But because large parts of Ukraine are in a war zone, it would not have been possible to grow grains there. Grain exports from Ukraine could therefore stop sooner than people currently think. What I take seriously is the reduction of rice in Asia. This will ultimately create more demand for grains and also wheat. After all, people have to eat something.

Uitgever ETF: WisdomTree

Ticker: WEAT

ISIN: GB00B15KY765

Valuta: Euro

Beurs: Milaan

The grain deal for Ukraine is no longer there. The Russians are destroying the necessary infrastructure. So there will be less grain from the Ukraine on the world market. Due to disappointing harvests, India, the largest rice exporter, had to curtail rice exports. The global supply of grains, rice and maize (including from Ukraine) will therefore decrease. This will lead to higher prices in the long run. That is not yet very noticeable. Because now and next month people are harvesting grain and maize. Then there seems to be enough temporarily. El Nino can also cause harvests of all kinds of food worldwide to be disappointing. That will also increase the demand for grain.

Uitgever ETF: WisdomTree

Ticker: PHAG

ISIN: JE00B1VS3333

Valuta: Euro

Beurs: Euronext Amsterdam

The Fed continues to indicate (last week and yesterday) that further rate hikes are to be expected and the battle against high inflation will continue for a long time. The silver price suffers a lot from this. Looking at the significantly decreasing increases in producer prices, inflation will not remain high for as long as the Fed currently expects. In addition, there is actually little link between interest and silver. At least not in the current situation. The industry uses the most silver. If interest rates rise, it will slow down the economy and normally reduce demand for silver. But not now. An enormous amount of silver is needed for the energy transition in which a lot will become electric. The demand for silver will therefore continue to increase. For the past 2 years, demand has already far exceeded silver production from mines. There comes a time when there is a shortage of silver. This will cause the silver price to rise sharply.

Uitgever ETF: WisdomTree

Ticker: PHAG

ISIN: JE00B1VS3333

Valuta: Euro

Beurs: Euronext Amsterdam

The silver price is in an upward trend. However, when it failed to break through the $24 resistance, a temporary setback followed. It is now waiting for the next increase. In addition to inflation, supply and demand play a major role in silver. In 2021, there was more demand for silver than supply from the mines. For 2022, that demand is only expected to increase. It is still awaiting final figures here.

Uitgever ETF: WisdomTree

Ticker: ALUM

ISIN: GB00B15KXN58 

Valuta: euro

Beurs: Milaan

Bad economic times are coming. The demand for aluminum will then decrease somewhat. The reason why I still buy this ETF is the cost of making aluminum. A lot of energy is needed to make aluminum. The energy costs have risen enormously. Many aluminum companies cannot make a profit with the current high energy prices and relatively low aluminum prices. That is the reason why more and more production has to be stopped, such as Damco (Aldel) in Delfzijl. The price for aluminum will have to go up or a shortage will arise due to the loss of production, which will automatically lead to higher prices.