by Greg Hunter, USA Watchdog:
Seven-time, best-selling financial author James Rickards predicted in his most recent best-seller called “Sold Out” why broken supply chains would cause big inflation. He was right, and he still contends, “Supply chain problems and inflation are not over.” For an example of the supply chain still being in fragile shape, look no further than the failed grain deal between Ukraine and Russia last week. Rickards points out, “Putin has been very patient about this. He had a deal. Ukraine was not living up to their end of the deal. Putin says we are the ones getting attacked, so, screw the deal. What’s that going to do to the price of grain? It’s going to send grain prices up, and it’s already up 10% just in a matter of days.”