Caution, share price is too high, page-212

Shorts on this forum do not understand the economic or political situation we are in. They have spawned in the last few weeks in hopes of identifying a bubble but do not realise that this is the new FMG trading at $5. Somehow the link between share price and coal price has been lost.

We are in new territory, historic lows in coal price are not likely to be seen. $200 coal price may be a reality but the global political commitment to phasing out coal will play into the hands of ESG warriors and their solar panels, bringing coal power generation on par with solar and wind. Once the clear energy famine presents itself and transitions into a food famine the world will wake up and start to reopen coal as the saving darling to the future economic hardship we are yet to see. Food production is hinged on energy production and everything operates for a profit.

Day trading short positions during a recession will give profit but the money is to be made long term here. We are years and possibly decades away from the world realising the energy crisis it has cornered itself into in hopes of pleasing the imaginary climate overlords.