In other words, it’s a deeply diversified corner of the market tied directly to global demand and hard assets.
And after spending years going nowhere, these stocks are starting to wake up.
Here’s the Global Natural Resources ETF $GNR resolving higher from a massive, decade-long base:
The index is about 34% U.S., 20% Canada, roughly 25% Europe, 7% Australia, with the rest spread across other countries worldwide — a simple way to gain broad global exposure.
The size of this base points to a meaningful shift in supply-demand dynamics, which often signals the start of a sustained trend.
Just think about it. For 15 years, buyers couldn’t push prices above those former highs from 2011 and 2022. This time things are different; now they are willing to pay more at higher levels.
If GNR can hold above 65, a new structural uptrend would be underway — and in that scenario, it would be hard not to be participating.
Last week, we released a deep-dive report highlighting our top trade ideas, actionable setups, and key risk-management levels.
