Conflict in the Strait of Hormuz has pushed oil prices sharply higher, but uranium and copper were already moving before the first shot was fired. Both have been building against decades of underinvestment in new supply that no capital decision made today can reverse. Rick Rule has spent more than 50 years investing through commodity cycles and is one of the most recognized voices in natural resource investing. He joins us to explain why the supply crisis in copper and oil is not a forecast but a structural outcome already locked in, and why investors who think owning AI technology stocks covers their exposure may be looking at the wrong end of the same supply chain. Check more of Rick Rule’s analysis on commodity investing here. Views expressed in this video are opinions of the host and guest, and do not necessarily reflect the views of The Epoch Times.