Agricultural commodities have just broken decisively above nearly 20 years of resistance.
And this is happening while:
· Diesel prices approach all-time highs
· Mortgage rates hover near 7%, with housing already deeply unaffordable
· Wealth inequality stands near historic extremes
This is precisely the kind of combination that can trigger widespread social unrest, dramatic policy shifts, and intense political pressure.
None of us own enough hard assets.
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In this report, we will elaborate on this breakout, one particular second-order investment idea that has yet to benefit from the move, and a long list of important macro charts, technical setups, and portfolio updates.
Hope you enjoy.
