RE:RE:RBC NotesThanks for the RBC note. Goldmans is also very bullish on commodities right now. They have a similar point of view. Supply side issues takes years to sort out as there has been massive underinvestment. Peronally, I can see this and not just for potash.
My question ... if a major recession hits then will demand destruction drive commodity prices down. Demand destruction vs tight supplies and war which translates to buy more Verde now vs buy more later? This group seems to have some well reasoned thoughts. Any thoughts on my question?