The word “supercycle” was nearly as overused as inflation has been. In fact, the two very much related; the latter the major thesis behind the former. History shows that given prospects for doomed fiat currencies the only shelter is the realm of the real, real assets like land as well as the stuff which comes from and up from it. Store of value among everything else.
Combined with any number of supply restrictions, it was the perfect storm by which commodity prices would soar for years to come. This was the supercycle, not merely a rebound from 2020’s severe lows but a true, prolonged boom.
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