Thread by @BambroughKevin

#China will now open up and ramp up its #economic output and send #commodities higher. Likely many will make new highs in the next couple years. Their are also going to support for their #housing #market. twitter.com/i/web/status/1…

The USA and Canada are bother going to continue to see housing market weakness and along with Europe banks will begin to struggle with bad loans. Companies like $CS are in trouble and the #FED and #ECB are will have to slow rate hikes and reverse course next year

The western economies are going to need central bank liquidity injections to prevent implosion. Negative wealth effect combined with increased interest rate expenses take a few months to trickle through. And trust me they pain is coming.

Spx or Ndx vs crb remains the most important trend to watch for this next decade. Financial assets will continue to lose vs real assets.

Bitcoin vs gold and silver as well. You want to own real assets. EOS

And of course #uranium will remain the best commodity story of for 5, 10, and 20 years. No commodity is in a greater supply vs demand deficit. No other commodity will see yearly demand go up by multiples over the next 10-15 years.

It will become the most important and strategic as much of the modern world will come to rely on it for 30-50% of baseload power which will also power a significant % of the global electric car fleet.

My bet Japan will eventually lead the way in making new steel with out coming coal and power the industry with #uranium (China will follow suit) but coking coal demand will remain robust for the next 10-15 years before this has an impact

The other key thing about #uranium is that it’s a #commodity that hardly anyone cares about yet the #nuclear industry will pay nearly anything for it when there’s a shortage. The #squeeze that is surely coming to the #uranium sector is going to put the $gme $amc nonsense to shame

When the nuclear fuel buyers are in a full blown panic expect governments to step in and try to help. But if a government entity tries to take out $sput $u.un or $yca (this will happen) it’s gonna cause a bun fight. If China bids for $u.un you can bet the USA won’t be happy.

The stock pile that these two etfs have give comfort to some… but unless you own the shares it’s not your #uranium