The Myth of Scarcity – Commodities

Published on
April 1st, 2015
13 minutes

The Myth of Scarcity – Commodities

Presentations ·
Featuring John Butler

Published on: April 1st, 2015 • Duration: 13 minutes

This week Real Vision launches a new Commodities series with John Butler of Amphora Capital. In this video, John addresses The Myth of Scarcity, and the innovations, macro movements, and speculations which combine to drive price beyond supply.


  • TL
    T L.
    8 April 2015 @ 13:04
    guys wtf, why do you complain. Look out of the window or close your eyes for 10 minutes if you don't like the format. this is superb content and complimentary to Diego Parilla's stuff. more please!
  • SL
    Stephen L.
    7 April 2015 @ 16:47
    The head-and-shoulders works (Rainmaker) its just a bit too close ... It becomes detrimental to the message. Regardless, there were some great points made.
  • KS
    Kathleen S.
    6 April 2015 @ 01:56
    To me , this video serves as a reminder that what we see - is not what we are told it it. Scarcity is not why prices are high or low - it is more complex then that and it is nice to be reminded.
  • AK
    Alex K.
    4 April 2015 @ 21:59
    I agree with the Orwellian presentation comment. However, watch it as John had some great thoughts. Its definitely worth to watch or at least listen to it!
  • JS
    John S.
    3 April 2015 @ 21:51
    This one just didn't work for me at all.
  • MA
    Maurice A.
    2 April 2015 @ 03:02
    Next time try to zoom in closer to his face, please.
  • db
    don b.
    1 April 2015 @ 21:34
    Cliffs Notes: Commodities suck. Our Fed induced depression and their playing chicken with deflation to keep Gibson's paradox alive is more likely the culprit. This is someone embracing consensus.
  • RM
    Robert M.
    1 April 2015 @ 20:53
    His claim that wages buy more oil now than before is refuted in the chart about half way down this link (from Grantham's 3Q14 letter)-
  • DH
    David H.
    1 April 2015 @ 20:52
    The head and shoulders presentation a bit off-putting… Orwellian even. I think I would have been more open to the content if the shot had been set-up differently.
  • TJ
    Terry J.
    1 April 2015 @ 17:37
    Thought provoking, concise thoughts from John on a most complex asset class. Brilliant.
  • CC
    Christopher C.
    1 April 2015 @ 15:48
    @ 2:44 in regards to shale oil production not affecting price... You lost me. Look at the production charts. It is ALL about shale production growth.