It seems guaranteed to me that we have an energy crisis, at least for the next five years, probably the next ten. There's a bunch of pipe lines to go from russia to europe to supply them with cheap natural gas and putten has been closing the spigot on that im in a tit for tat. The fungible market is the crude oil market. Most of those cargoes go by sea. How fast can you build boats and terminals? Many, many years. And that's why you've see in these sky rocketing prices.
MacroVoices Erik Townsend and Patrick Ceresna welcome Bianco Research founder Jim Bianco to revisit the inflation debate, and Jim says inflation isn’t going away any time soon. They also discuss the equity market outlook, precious metals, and much more. https://bit.ly/3QO1Ml9
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