Green Economy Impossible As Commdoties Decline and Prices Rise

 COMMODITY RESOURCES DECLINE; PRICES CLIMB RAPIDLY

JUST A PIPE DREAM

Here comes the BLIP. As expected. So, go long metals and minerals. Agricultural commodities are also on the rise. See Fidelity charts. Plus, long bonds are collapsing - so the build-up in inflationary pressures is self-evident. 

Not good as it may also cause the US dollar to lose its reserve currency status, leaving us ironically with  Elon Musk and those crazy Bitcoins and Dogecoins as global currencies. Where is the FED?

https://www.theguardian.com/business/2021/may/15/record-metals-boom-may-threaten-transition-to-green-energy?utm_term=e418239c90a2a51435451c6d744597b6&utm_campaign=BusinessToday&utm_source=esp&utm_medium=Email&CMP=bustoday_email

This could moreover make a transition to a so-called Green Economy virtually impossible both physically and economically. What happens when we run out of everything?

Dr. Peter G Kinesa

Cheif Realeconomist

First Financial Insights Inc.