September has opened with a bang for the resource markets. Gold is hovering near record highs, silver just smashed through $40/oz for the first time since 2011, and copper is back in the headlines as BloombergNEF warns that AI data centers and grid expansion could drive a structural supply crunch. Add to that the Pentagon’s $400M bet on rare earths, Switzerland’s pushback against U.S. gold tariffs, and fresh nationalization and ESG risks in Africa and the picture is clear: commodities are no longer just a cyclical trade, they’re at the center of global policy, technology, and monetary shifts. This week’s moves show ... (full story)