, 2022-05-20 02:17:00,
You have been long, you have been bullish and you have been recommending to buy into commodities, buy sugar, rice, coffee. Do not drink coffee but buy coffee futures. What would you advise investors now?
Once there is peace in Ukraine, there can be a big rally; commodities would probably go down for a while and that is what I would buy when that rally starts because commodities before this is over, are going to be very strong because there are still gigantic amounts of money printing all over the world.
Why do you say there is a gigantic money printing because the US Fed and other central banks are saying that they would start normalising?
First of all one should not listen to these guys. They rarely tell the truth, not just because they are not very smart, they are not necessarily lying. The US Fed has more than doubled their balance sheet in the very short period of time and even if they cut back for a while, it is not going to be enough to make up for the gigantic money printing that has been going on and you know as well as I do that when the markets start getting weak, they panic. Remember these guys are just academics and bureaucrats, they want to save their job, they do not know what they are doing.
What are the chances that Fed and other central bankers got the…
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