Via Scoop.it – The Great Transition
“The supply-and-demand argument rests on the time-tested notion that with increased demand, new supplies are brought to market. … The point … is that the usual supply and demand argument falls apart in the presence of limits.” Investor and financial expert Chris Martenson explains why commodity prices will keep rocketing higher even in a period of economic crisis
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Commodities Look Set to Rocket Higher
11 Sunday Sep 2011
Posted Sustainability
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If that is the case, it won’t happen for at least 3 months. Demand in much of the world will drop, provoked by a contraction in the EU. Oil has led the way.