Interesting slant:-Paul Tudor Jones on commodity market's potential today
Of the $88 trillion assets under management today, only about three-quarters of a percentage is allocated into commodities now in 2021 vs over 1.2% in 2011.
Inflation hedges are a must now according to Paul Tudor Jones' view.
In the interview, PTJ declaratively asked "What happens if the Reddit crowd ever gets into commodities?"
Well, judging by the now near 120,000 members of the Reddit Wall Street Silver forum to date, I would say that is already happening and growing week after week.
He also stated, "God forbid if the bullies of the financial markets were ever to take commodities on like they did in the 1970s."
They could easily double or triple in price no problem whatsoever.
