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| I don’t know what the fundamental reasons for it will be but I think we see beans peak at 30$ a bushel.
Could be a war. Could be a massive drought. Could be a heavy use for biofuels. Could just be a massive sector rotation by hedge funds.
The fact that retail investors are heavily invested stocks and they think it’ll just keep going straight up like it has for the past twenty years (it certainly could!) gives me confidence that will absolutely not happen. And again going back to the 1970’s when stock market started crabbing sideways for over a decade, commodities had a pretty significant run up.
Also bitcoin got to 120,000. And oil went -50 during Covid.
Literally anything is possible
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1970’s
