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<blockquote data-quote="EndlessGravity" data-source="post: 1529169" data-attributes="member: 18289">Although what you say about palladium is true it&#039;s not the whole story. Demand for new cars is especially weak (hence the price in palladium). The financial media loves the chip shortage narrative but it&#039;s only partially the case. I&#039;d also love to see a chart of used car sale volumes to see if they&#039;re as healthy as everyone who loves price-as-proxy as the best measure of demand insists. Either way you can see how things like copper, despite a biblical flood of &quot;money printing,&quot; can&#039;t really break out of the highs of the 2000s. This is also why idiots always can be counted on to buy gold during these &quot;hyper-inflationary&quot; scares but are left scratching their heads over why it sells off during the always-quickly-approaching next crunch. We see the same sort of trends in corn and wheat. Really, who can honestly say $70 oil (forget about NEGATIVE oil) is somehow an indication of a global inflationary period? No, that&#039;s flatly dishonest.It doesn&#039;t matter where you look: people who try to sell inflation are either wholly ignorant or have something to sell you. In either case, plenty of propaganda, very little analysis or specifics. THE FED INCREASED BANK RESERVES!!!!! OMG!!!! However, there&#039;s a reason few people talk about the economy anymore...it&#039;s gone. (the debt limit, once a fiasco, is nothing but a blip now and the Rs don&#039;t even pretend they care about fiscal matters anymore). Like with the constitution being a dead topic, we&#039;re just waiting for the fat lady to sing now when it comes to this over-leveraged house of cards.I can&#039;t comment too much on the natural gas situation but this appears to be another case of willful supply chain destruction. Would you agree?</blockquote>

[QUOTE="EndlessGravity, post: 1529169, member: 18289"] Although what you say about palladium is true it's not the whole story. Demand for new cars is especially weak (hence the price in palladium). The financial media loves the chip shortage narrative but it's only partially the case. I'd also love to see a chart of used car sale volumes to see if they're as healthy as everyone who loves price-as-proxy as the best measure of demand insists. Either way you can see how things like copper, despite a biblical flood of "money printing," can't really break out of the highs of the 2000s. This is also why idiots always can be counted on to buy gold during these "hyper-inflationary" scares but are left scratching their heads over why it sells off during the always-quickly-approaching next crunch. We see the same sort of trends in corn and wheat. Really, who can honestly say $70 oil (forget about NEGATIVE oil) is somehow an indication of a global inflationary period? No, that's flatly dishonest. It doesn't matter where you look: people who try to sell inflation are either wholly ignorant or have something to sell you. In either case, plenty of propaganda, very little analysis or specifics. THE FED INCREASED BANK RESERVES!!!!! OMG!!!! However, there's a reason few people talk about the economy anymore...it's gone. (the debt limit, once a fiasco, is nothing but a blip now and the Rs don't even pretend they care about fiscal matters anymore). Like with the constitution being a dead topic, we're just waiting for the fat lady to sing now when it comes to this over-leveraged house of cards. I can't comment too much on the natural gas situation but this appears to be another case of willful supply chain destruction. Would you agree? [/QUOTE]

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