RE: Iron14 Apr 2022 01:46
Yes the entire commodity spectrum is going to be moving up, not only because of inflation but because we don’t have supply which is due to literally a decade of under investment in capacity.
The producers of commodities didn’t get the capital. The capital went into tech, hot sectors like crypto etc.
Now it’s going to be Hot Commodities as Jim Rogers stated a long time ago.
Everything is either grown or it’s mined. With the growing population and the massive increase in the middle class in Asia which is expected to increase from 2Billion to 3.5Billion by 2030, if we don’t invest significantly in commodities now, then the shelves will be almost empty.
The shortages we are already experiencing are only going to get much worse due to the decade of under investment.