Thread by @BambroughKevin

Unprecedented times

https://twitter.com/javierblas/status/1450353056298717190

This is a clear sign of pure panic on the market that copper is going to not be available. LME inventories could be drained completely. I think we will soon see the same in Molybdenum and Tin. Etc. Key industries are simply unable to get materials for manufacturing

We printed so much money and also have massive supply chain issues. Today I got a notice from a dealer I bought a snowmobile from (ordered 1 year ago)

Good news your snowmobile has arrived. Bad news is it’s missing parts. Gauges and chips apparently

I’ve had a truck on order since the early summer. Probably be months still I’m told. Dealers and manufacturers are going to simply have to raise prices soon. Imho. They need to pass on costs and also make up for less production ability with higher margin

Amazing thing is products like Molybdenum see demand rise dramatically in a commodity boom because it’s consumed in the resource industry, drilling etc. Prices will cycle up and I expect moly to take out its all time high this cycle. Especially because China is now importing

This chart at the top of this thread should be a major wake up call to bond holders. You can’t print commodities. Government bonds are pure trash and will absolutely be crushed over the next decade vs real things. Forget the lies. These morons in charge are all bubbleheads

All they know is printing and bailing. They are now completely backed in a corner. They can’t let the financial system fail and will bail it. But as each bail out gets bigger and trillions upon trillions get created there’s a price to pay. Inflation is coming

This chart represents a commodity market signal failure. I see it as just another sign on the road to paying the piper for insane monetary policy and letting the bankers control global central banking. All these fuckers really care about protecting banks

Law of unintended consequences playing out. Central Banks over protection of the Banking system will lead to destroying the currencies and completely screw over prudent savers and the middle class.

Just over 100 years ago the USA created the Federal Reserve they public via their corrupted government handed the keys to the monetary system over to Wall Street

Since that time the policies of the Fed have fostered and feed a rising culture of gambling addicts the top of the financial ponzi pyramid.

Perhaps silver is gonna finally fly. Imho the central bankers are trying to hold it back by refusing to pay up for bars and not minting coins. Simply not making new supplies available forcing people to pay huge premiums if they want coins. I think we will see more blow ups soon

The most risky asset gamble is owning longterm government bonds (just a promise for slightly more paper at a later date) No way in hell they will buy as much real stuff in 10 years as they can today. Precious metals and select commodities should be hoarded as self defence