We're in a secular inflation, and people are just not used to the rules of the game changing. The mining looking for newr new mining capabilities can easily take five years from from e beginning toto yous. And spare thought for the oll mate, where you would be apart from shaleo. You are often looking at a five, ten year horizon. Are the oil mades prepared to bet on the global oil demand in ten years time? That, i thing, is really one of the questions that they are asking themselves. So basically simply a prolonged period of mismats between the demand and supply.
MacroVoices Erik Townsend and Patrick Ceresna welcome Saxo Bank's commodities desk chief, Ole Hansen to the show to discuss what both inflation and the escalating war situation mean for commodities. https://bit.ly/3rYhYXF
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