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Opportunities exist for base steels to exceed gold this year, stated Kai Hoffmann, Chief Executive Officer of Soar Financial Group.
" With Biden relocating right into the White Residence, the Green campaign has been taking a lot of the information, so nickel, cobalt, and also uranium, somewhat," Hoffmann said. "Gold could be left behind a little bit in terms of the appearance [about] the various other commodities."
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Why gold will be ‘left behind’ in 2021 compare to these metals – Kai Hoffmann
Opportunities lie for base metals to outperform gold this year, said Kai Hoffmann, CEO of Soar Financial Group.
“With Biden moving into the White House, the Green initiative has been taking a lot of the news, so nickel, cobalt, and uranium, to a degree,” Hoffmann said. “Gold might be left behind a little bit in terms of the attractiveness [relative to] the other commodities.”
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