Your gateway to a free society
Article
The Mother Of All Mean Reversions: Commodities Have Never Been This Cheap Versus Stocks
The Mother Of All Mean Reversions: Commodities Have Never Been This Cheap Versus Stocks
Across Wall Street, from Barclays and UBS to HSBC, JPMorgan and Goldman Sachs, a common view is taking shape: physical scarcity is emerging across multiple commodity classes, driving prices sharply higher and signaling a broader hard-asset squeeze.
Last week, UBS strategist Sagar Khandelwal issued a similar call heard across Wall Street, telling clients to “position for a commodity upcycle.”
On Saturday, Christopher LaFemina, who heads Jefferies’ global metals and mining research and is one of Wall Street’s veteran...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Jun 1, 2026 / Tyler Durden
Alphabet Raising $80BN In Equity To Fund Capex, Including $40BN ATM Offering And $10BN Deeply Discounted Deal With Berkshire
Alphabet Raising $80BN In Equity To Fund Capex, Including $40BN ATM Offering And $10BN Deeply Discounted Deal With Berkshire
As we have discussed ad nauseam in the past years, perhaps the biggest mystery surrounding the entire AI supercycle, is where will the hyperscalers find the funds to pay for the trillions in projected capital spending now that most of their Free Cash Flow is flat or negative (with the exception of Microsoft).
And while many are forced to resort to aggressive debt issuance with Morgan Stanley estimating that credit markets will...
Read more
May 7, 2026 / Tyler Durden
UK Jet Fuel Rationing Risks Emerge As Goldman Warns Of "Extreme Physical Tightness"
UK Jet Fuel Rationing Risks Emerge As Goldman Warns Of "Extreme Physical Tightness"
Brent crude futures briefly tumbled below $100 a barrel on Wednesday morning after an Axios report indicated the Trump administration and Tehran were working toward a one-page memorandum of understanding to end the war and reopen the Strait of Hormuz.
Still, any near-term peace deal would not immediately normalize the badly fractured global energy supply chains. Crude products markets remain physically tight, and the damage from months of disrupted tanker flows will take time to unwind. Some countries...
Read more
Apr 15, 2026 / Tyler Durden
Tax Freedom Day Underestimates How Long You Work For The Government
Tax Freedom Day Underestimates How Long You Work For The Government
Authored by Jonathan Newman via The Mises Institute,
Tax Freedom Day, calculated by the Tax Foundation, “represents how long Americans as a whole have to work in order to pay the nation’s tax burden.”
It appears that they stopped publishing this in 2019, but others have picked up where they left off.
The idea is that the income earned by taxpayers over a certain proportion of the year goes to Uncle Sam.
In 2025, that date was April 16th.
But the burden of government...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?