Cop28 is over many on this board thought that COP28 would be a landmark event for current low REE prices. I googled cop 28. Already there are more hits than I could read the titles of in a month. People that think this is going to change anything should put out some links that explain how. Weehawken you have been very vocal about COP 28 helping REE prices now that it is over could you enlighten us how this is going to happen. I believe that Bloomberg said it best.
COP28’s Success Marks Just a Tiny Upgrade on COP27 Results
Well you do not agree at all with Warren buffet, He has been selling securities for 3 months and buying bounds. At last count about $20B worth. I read lots of press on whether a recession will occur some say mild some say severe but I have not read anything that says we will not have one like you do. I would also suggest you pay attention to the M2 money supply which has a much bigger impact than interest rates. Yes it is shrinking rapidly but in 2020 it was about $15,000B or $15 T and to day about 21 T. I am sure you understand why this is more important than interest rates. the M2 was growing rapidly when interest rates were near Zero and that is what is fueling to days inflation. Simply M2 fuels long term inflations.
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