Hard assets are entering their next explosive phase – Are you positioned？
Its official: Commodities and Hard Assets have become the best-performing asset class of 2026. In a year defined by persistent inflation, geopolitical conflict, rising sovereign debt and intensifying supply disruption, capital is rotating aggressively into the one area governments cannot print and central banks cannot manufacture: scarce physical assets. From Oil, Natural Gas and refined fuels to Copper, Tin and Aluminium and Coffee, Sugar, Cocoa, Wheat and Soybeans, the message is clear: the world is repricing the raw materials it needs to function. “What we are seeing is not a temporary spike in one isolated corner of the market,” says Lars Hansen, Head of Research at The Gold & Silver Club. “This is a broad-based Hard Asset repricing driven by inflation, scarcity, geopolitical fragmentation and resurgent physical demand. Commodities are no longer an alternative trade. They have become the dominant macro trade of 2026.” Measured from their 2026 lows, the breadth of the rally is difficult to ignore. European Natural Gas has surged 204%, Heating Oil 149% and Diesel 136%. Gasoline has more than doubled, Jet Fuel has climbed 98%, while WTI and Brent Crude Oil have advanced 85% and 82%, respectively. Agriculture is being repriced just as aggressively. Cocoa has roughly doubled from its 2026
