> How to survive the coming economic shytstorm

The 30,000ft view is quite simple as we are in for an overall period of:

Higher commodity prices as part of a commodity supercycle and supply/demand imbalances

Higher Inflation

Quantitative Easing and/or broadening monetary accommodation

Continued Debasement of Fiat Currencies



Using the above as the overall thesis, then your playbook should be along the lines of:

Clear bad debt

Watch the diesel crack spread closely

Hold physical gold and silver as insurance against inflation and currency debasement
Keep at least 6 months of cash or liquid reserves (see point above)

Favour well-capitalised commodity producers in areas where there are genuine supply constraints and where rising prices can more than offset higher AISC

Avoid assuming that high bond yields will restrict gold. They won’t
Have a Plan B in place i.e. second residency and/or passport

The diesel market is flashing a clear warning. The consequences are starting to be felt across the real economy and will continue to be felt moving forwards.