The Myth of Scarcity – Commodities

Featuring John Butler

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.

Published on
1 April, 2015
Technology, Energy Commodities
13 minutes
Asset class


  • TL

    T L.

    8 4 2015 13:04

    4       0

    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 4 2015 16:47

    0       0

    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 4 2015 01:56

    1       0

    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 4 2015 21:59

    3       0

    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 4 2015 21:51

    1       1

    This one just didn't work for me at all.

  • MA

    Maurice A.

    2 4 2015 03:02

    5       1

    Next time try to zoom in closer to his face, please.

  • db

    don b.

    1 4 2015 21:34

    2       2

    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 4 2015 20:53

    0       0

    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 4 2015 20:52

    21       0

    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 4 2015 17:37

    6       1

    Thought provoking, concise thoughts from John on a most complex asset class. Brilliant.

  • CC

    Christopher C.

    1 4 2015 15:48

    6       0

    @ 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.