The Next Great Commodities Boom Is Just Getting Started. Here's How To Play It | Tavi Costa

The discussion centers on the state of financial markets, particularly the undervaluation of commodities relative to future demand. Macro and commodities expert Tavi Costa shares his insights on the mining space, which he believes is still in its early stages despite recent institutional interest. He points out the lack of major gold and copper discoveries in recent years as evidence of a supply-demand mismatch. Costa argues that sovereign institutions are beginning to value mining companies based on securing metal rather than discounted cash flow. He highlights Snowline Gold and Aura Minerals as companies with strong management. The conversation also touches on energy and Latin America, with Costa expressing optimism about Petrobras and the region's political and economic shifts.