cantosTV: The Longview - Commodity supercycle: myth or reality?
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It's related to the creation, inflation, and ultimate destruction, of fiat currencies. Perhaps you can look at fiat currencies versus sound (ie backed by gold and silver) currencies?
The current oil and food crises are caused by the same thing: the Federal Reserve flooding the world with USD in an attempt to prop up an unsustainable US economy. The decline of the USD is responsible for 80-90% of the current price rises. Recent OPEC report: for every 1% decline in the USD oil rises $4! M3 at 17%
lastnymleft 3 years ago