Why Exxon Should Be A Strategic Part Of Any Portfolio:
Oil Prices Surge To Three-Year Highs After Hurricanes And Unexpected Demand—How Much Higher Can They Go?
Commodities are the real money. Unlike currency you cannot quickly magic them from nowhere. When they go down in value that is deflation and it only comes from grinding technical advance, which is not something that can be accelerated by much. Monetary inflation therefore raises commodities in nominal terms. They did not get more expensive, you got poorer.
Commodities will maintain their intrinsic value because their increasing costs in debased currency cannot be escaped.
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