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Geopolitical··Severity 6

Odd Lots: Tungsten Market Is Warning of Upcoming War (Podcast)

Bloomberg Opinion columnist David Fickling tells us you can think of tungsten mining as “a century old prediction market for war.” As he writes in a recent piece, tungsten is “a super-element that can determine the fate of nations.” While the commercial market for tungsten is fairly small, it can be crucial in war manufacturing, due to its high density and melting point. He learned more about tungsten mining and its increasing geopolitical necessity, during a visit to Australia’s Dolphin Mine, w

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Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

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38%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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