Why Investors Are Rotating Into Commodities with BlackRock's Evy Hambro

The conversation centers on the recent volatility in the gold and silver markets, particularly in light of geopolitical tensions, and explores investment strategies in commodities. Evy Hambro, Global Head of Thematic and Sector Investing, explains that initial market reactions to crises often involve raising liquidity, leading to a sell-off across asset classes, including gold. However, the current situation is also influenced by a shift towards energy within commodity portfolios due to Middle East disruptions. Hambro suggests ongoing issues with government spending and indebtedness support a positive outlook for real assets like gold in the long term, despite short-term fluctuations. She also notes that central banks are unlikely to change course on gold accumulation.