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| I got into it with grok ai the other night about whether oil prices would significantly increase by 2035. And at first it was an adamant “no prices will not increase” but then after berating it for awhile it conceded “yes maybe there is some significant tail risk and consumption of oil has only been increasing etc”
It kept citing sources like the IEA and their future projections of oil. So then I went into “how often is the iea right about ten year projections” and they were more often wrong than right.
And then I looked up the iea president who has been largely responsible for overseeing projections. His name is Fatih Birol and he received his energy economics degree from the university of Vienna which we all know is preeminent school for oil policy /s.
And then I looked up how buffet is still holding all his oil stocks and I think even purchasing more.
I’m retarded but I think commodities are due for a large step up in price. But only AFTER this presidency is over. There’s also the chance we get four more years of a republican and prices wait until 2032 to go up. But how awesome would it be if we got a dem elected and had 8 years of increasing revenue. | |
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Will commodity’s follow silver?
