Well, this is my current allocation for my main portfolio (about $35k).

>BATT, COPX, CPER, REMX
I think that AI is still going to spike for tech giants (internal audits, optimization, logistics), data centers will need a huge amount of copper. EVs and green tech needs it, silver, and REEs

>IEO, IEZ
"Oil bad" will still soak up investor cash. I think the US will be sanctioned by OPEC like in the 80s. Conditions are similar: high interest rates, weak economy, aiding Israel. The SPR is tapped out, too. IEO is largecap producers that will have inventory on hand, ready to make immediate profit, IEZ is stuff like Baker-Hughes who will sells equipment, which is important when wells are restarted. All US based.

>GLD, GOEX, SLV, SLVP
Copper and silver are in critically short supply compared to the 5-15 year demand outlook. Gold is also good to have as a hedge against inflation and interest rate concerns. I have exposure to the spot price, as well as midcap producers (they're small enough to pivot and are less diversified, making it more concentrated. They're also active producers, which means there won't be a delay in operations and permitting like explorers)

>URNM, U.UN.TO
I went with URNM because it has greater exposure to Kazatom and a few other key names in the space. Like copper and silver, there's a huge growing demand that nobody is talking about, and will be the best energy source for AI baseload. SMRs are also worth looking into.

>WMT, SGOV, TD bond
Core positions, I get WMT at a discount through work. SGOV lets me rotate into and out of bonds quickly and gets me some interest on my cash. Every month I rotate $300-500 into other positions.

>POND.VN, RGTI
Memes

>VIX
Seems to pop 2-3x every 80-120 days. Kind of a downward hedge, but I'm playing it actively