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Heavy Metal Mayhem After Russian Invasion

steel

With Putin’s ill-advised invasion of Ukraine thrusting chaos upon the investment world, the metals market may be the first to go nuts.

As much as I’d like to sit here and talk about my enthusiasm and love for one of my favorite musical genres, when I say “Heavy Metal,” I’m not talking about Iron Maiden or Metallica.

I’m referring to actual metal. 

With so much fear and uncertainty gripping the consciousness of investors, there’s been a steady move away from risk-based investments like prospective technology and back towards asset-based options.

We’ve been talking about gold a fair bit lately given that this precious metal had a good 2022 so far (which is one of the reasons some of us believe that a bear is on its way), but we haven’t really talked about how other metals will be affected by the global chaos.

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