Thread by @BambroughKevin

#Kazakhstan is a major exporter of #coal, #oil and #gas. Worlds largest exporter of #uranium

You can bet the answer will be to subsidize local consumption with export taxes. Domestic inflation in poorer commodity producing countries that are exporters will not be tolerated

https://twitter.com/russian_market/status/1478475720410243077

We are entering a period of global commodity based inflation that will be driven but citizens in Chile and Peru wanting more benefit from copper and other metals. Oil and gas countries the same. Indonesia banning exports as the largest seaborne exporter of #coal

The governments will have to raise wages or create subsidize/export controls to make higher commodity prices affordable for there citizens. If not they will be over run or voted out.

Strikes will be common. The leverage is now flipped to be the producers vs the consumers

Commodity currencies will likely rise vs those dependent on commodity imports. Inflation cycle around the globe.

The number one sure thing inflation trade of the next few years is owning physical #uranium. $u.un $yca Sprott uranium and yellowcake plc two ways to play.

#nuclear power will continue to see increased expansion the likes that have never been seen in history. Already there are more #nuclear plants being given the go ahead than anytime in history.

New facilities will continue to approved and funded on a mass scale this year as many parts of the world struggle with an energy crisis.

#uranium has the best risk to reward fundamentals of any commodity and it’s not even close. 3-5x returns just on the commodity are likely imho