Pinterest Exec. Chairman & CEO, Paychex CEO & Off The Charts: Commodities 6/29/22
Mad Money w/ Jim Cramer
00:00
Commodity Rally Is a Commodities Collapse Waiting to Happen
Gartner points out that commodity prices tend to trade sideways ovr the long run. There are powerful deflationary forces here, like adoption of new technology which makes it cheaper to farm or produce oil and mines for metals. When commodities get too expensive, the miners and farmers and drowers tend to increase product as more supply comes on th line. So for garner, every commodity rally is a commodity collapse waiting to happen.
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