Uitgever ETF: WisdomTree

Ticker: PHAG

ISIN: JE00B1VS3333

Valuta: Euro

Beurs: Euronext Amsterdam

Silver has been pulled down with the rest. But gold is holding up nicely. Silver has therefore fallen too hard for the short term. For the longer term, the scarcity of silver will push the price higher.

Uitgever ETF: WisdomTree

Ticker: PHAG

ISIN: JE00B1VS3333

Valuta: Euro

Beurs: Euronext Amsterdam

Inflation that remains too high, geopolitical tensions and many currencies under pressure are all reasons why silver will rise. But the main reason is that production has been lower than demand for 3 years. This will be the case again this year and in the years to come. Because there will be virtually no additional silver production, while the energy transition will continue to increase the demand for silver.

Uitgever ETF: WisdomTree

Ticker: PHAU

ISIN: JE00B1VS3770

Valuta: Euro

Beurs: Euronext Amsterdam

There are several reasons why the gold price will continue to rise. Non-Western central banks bought and are still buying an extremely large amount of gold. Geopolitical tensions are increasing. The BRICS countries want to come up with their own gold-backed currency. Many currencies, including many Asian currencies, are under pressure, causing people to flee into gold. High inflation is persistent and because more interest rate increases are not possible due to the high debt mountain, it is almost impossible to combat it.

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.