Wednesday, 8 July 2009

Peter Hickson expects …

Peter Hickson is an analyst at UBS, and he expects commodity markets to benefit from a broad cyclical upswing later this year.

I have been speaking to Arthur Simmons about this. He said, 'Michael, who cares about commodity markets, man? And who cares what this Mr Hickson expects? He needs to take a good, long, hard look at himself, or maybe a hard, long, good look at himself. He tells some newspaper what he expects, but what does Big Herb expect? Has Pete even heard of Big Herb? And if he has, has he discussed the matter with him? (Arthur, mate, unless Pete is a financial shaman, he ain't got no business talking with Big Herb.) And that's what I'm saying, Mike. I know this Pete character ain't no shaman, man. So he can't go around expecting stuff, not in this new environment, you dig? (Not really, Arthur.) Mike, I'm saying these conventional analysts are history. It's over for them. It's time to make the full switch to mystical capitalism. No more half measures! Let's go the whole hog. (No, Arthur, you know we have to introduce mystical capitalism slowly. We can't rush things.) Mike, you're wrong. (If we rush it, there will be fighting in the streets. There are a lot of angry people around who don't like what we're doing. Be patient. Our time will come.) I hope so, Mike. I really hope so.'

Our time will come.