100% Upside In This Asset As Supply Chains Break Down | Nomi Prins
Speakers
Nomi Prins
— Founder and CEO of Prinsights Global
Summary
Dr. Nomi Prins discusses how supply chain disruptions from the Iran war create investment opportunities in hard commodities. She is most bullish on silver, copper, and uranium, and sees gold as a buying opportunity. She warns of more structural supply deficits and weaponization of supply chains.
- Silver remains the top pick with a target of $120/oz by year-end.
- Copper is expected to exceed $7/lb driven by tariffs and supply constraints.
- Gold is a buying opportunity as central banks continue to accumulate.
- Uranium is deemed undervalued given geopolitical tensions over enriched uranium.
- Tungsten has surged 900% but no direct tradeable recommendation is given.
- Supply chain disruptions and export controls are becoming more frequent.
- The gap between Wall Street and Main Street continues to widen.
- The Fed is unlikely to cut rates soon; a hike is possible if inflation persists.
Trade Ideas
Silver to reach $120 by year-end
Silver remains the number one pick for the year despite a pullback. The market is bifurcated with paper silver depressed but physical silver trading at premiums. Pure play silver miners in low-cost jurisdictions like Morocco offer high margins. Structural deficits in silver for industrial uses (solar, grids) and stockpiling by China and India support a rebound to $120 or higher by year-end.
Copper above $7 per pound
Copper is a strategic critical asset in short supply. The upcoming Section 232 tariff report on June 30 is likely to classify copper as a national security metal, leading to further tariffs on processed copper. Supply constraints from outages in Peru and Chile, long lead times for new mines, and rising demand from electrification and infrastructure will push copper above $7 per pound by year-end.
Gold is a great buying opportunity
Gold is currently in a range but presents a great buying opportunity. Central banks continue to buy gold as a reserve asset to diversify away from US debt and the dollar. The recent pullback from highs is temporary and driven by marginal investor flows shifting to oil and LNG, while strategic buyers (central banks) remain. Long-term thesis intact.
Uranium is undervalued at current levels
Uranium is undervalued at $85–86 per pound. Geopolitical control of enriched uranium is the core issue in the Iran war, and the US is passing acts to reduce reliance on Russian and Kazakh uranium. New mine projects and processing capabilities outside those countries take years to come online, creating a structural supply deficit that the market has not priced in.
Up Next
This The David Lin Report video, published June 08, 2026, features Nomi Prins discussing SILVER, COPPER, GLD, URA. 4 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Nomi Prins · Tickers: SILVER, COPPER, GLD, URA