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The Commodity Super Cycle
Maggie Smith: Do you think we've already entered the commodity super cycle? How are you thinking about commodities? Well, throughout history, when everybody's printing money, or whenever people are stimulating the economy, it leads to inflation. And the best place to be when you have inflation is real assets and real assets are commodities. But bonds have are in a bubble and have been in a bubble for a while. We've never had such expensive bonds in the history of the world.