Report by Aitken Advisors

The transitory inflation crew want you to believe demand destruction will soon restore commodity prices to normal levels, yet every so-called government solution involves subsidising demand! James Aitken reiterates how the largest commodities demand construction event is the climate transition currently underway. In fact, as important as the recent repricing of bonds has been, commodities are the world’s new risk-free curve, and everything is priced off them. Recommended related trades include LONG AUD, which will benefit as the world turns to Australia as a trusted commodity supplier, and staying LONG BP and Hess Corporation.