News Agricultural Congress 2019
Willem Middelkoop: 'Major raw material shortage is near'
In an inspired, powerful and sometimes disconcerting presentation, multi-talented Willem Middelkoop guided visitors to the National Economic Agricultural Congress through the shady world behind the commodity trade and what forces influence it. Middelkoop is very positive towards the profitability of the agricultural sector.
In just 20 minutes and 60 slides, commodity guru, investor, investor and writer Willem Middelkoop flies all over the world. He explains the financial world that he describes in his books during this presentation.
Global Discontent
According to Middelkoop, the link between agriculture and the rest of the (economic) world lies in the worldwide unrest that has arisen among the people. Be it Brexit, the 'yellow vest movement', the impeachment procedure against US President Donald Trump and/or the protesting farmers.
According to Middelkoop, the reason for this great dissatisfaction is the interplay of forces that act behind the scenes to enrich their own capital. That also happens in the Netherlands, says Middelkoop. The ties between Prime Minister Rutte and Unilever are a good example of this. This influential elite (also known as 'the deep state') is one of Middelkoop's specialties.
Physical scarcity
Middelkoop's investment fund specializes in commodities, including agricultural (soft) commodities. "Commodity prices are constantly manipulated and used as leverage to bring various countries to their knees. Countering paper influences requires physical scarcity."
The world of precious metals is currently subject to such a physical scarcity, mainly due to the enormously increasing production of electric cars with built-in batteries. In contrast to the agricultural sector, the precious metals sector is unable or hardly able to increase its production.
Climate
It is only a small bridge from electric cars to the climate. According to Middelkoop, the elite found the instrument there to pump billions into a financial system that is on the brink of crisis due to hyperinflation. Farmers can take advantage of this. "Almost unlimited money is available for sustainable investments at 0% interest. These are the mandatory green bonds that are mandatory on the agenda at every bank. If hyperinflation occurs, sky-high debts are paid off in no time."
Besides green loans, agricultural entrepreneurs have more advantages. For example, the largest part of their assets is in land and buildings. Precisely these are portfolios in which Middelkoop also personally sees a lot of profit. High food prices are a trickier point. "Agricultural commodities have the lowest valuation in 50 years. High food prices are causing dissatisfaction among the population. The policy is therefore aimed at keeping them low. However, due to the enormous global demand, we are on the verge of a major shortage."
Niels van der Boom
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