Inflation shifts the stock – bond correlation.
Month: May 2022
Low Aluminum Stock
Brazil Potash Supply and Demand
Brazil potash demand is rising even while supply has diminished. This is extremely bullish for the potash price.
Moreover, supply disruptions aren’t as severe as thought. Belarus supply has been disrupted in half, but Russian supply has not changed. Israel has replaced Belarusian supply.
This means that the rise in potash price isn’t fully attributable to the lack of supply, but needs to be found in the rising food price.
Gold Miner Margins Shrinking
Silver Supply and Demand Outlook
Silver supply is going to rise.
Silver demand is going to stay flat.
Battery Metals Boom
Battery metals will boom.
Yardeni decreases outlook for S&P500
Crop Yields Are Stagnating
Crop yields are stagnating while the population is still growing. This means that we need either better technology, more farmland or people will need to eat less. If not, then food prices will continue to rise.
Food Price Vs. Oil Price
Food and oil/gas are closely correlated.
Solar Minimum
The solar minimum is coming and will affect sun availability.
Lower sun will lead to lower crop growth rate.
The solar minimum will also lead to lower temperatures and frost, which leads to lower crop yields.