#Commodities Decline; #Prices Rise Sharply

 

JUST A PIPE DREAM or HOAX?

Here comes the BLIP. As expected. So, go long metals and minerals. Agricultural commodities prices are also on the rise. See Fidelity charts. Plus, long bonds are collapsing - so the build-up in inflationary pressures is self-evident. 

Not good as it may also cause the US dollar to lose its reserve currency status, leaving us ironically with Elon Musk and those crazy Bitcoins and Dogecoins as global currencies. Where is the FED?

The Guardian

https://www.theguardian.com/business/2021/may/15/record-metals-boom-may-threaten-transition-to-green-energy?utm_term=e418239c90a2a51435451c6d744597b6&utm_campaign=BusinessToday&utm_source=esp&utm_medium=Email&CMP=bustoday_email

This could moreover make a transition to a so-called Green Economy virtually impossible both physically and economically. What happens when we run out of everything?

Dr. Peter G Kinesa

Chief Realeconomist

First Financial Insights Inc.

LIMITS TO GROWTH