Potash, recession proof?
Updated
As inflation increases and unemployment stays high, people start talking about recession. Also, recession proof stocks start to move like MOS. If you look back at 2008, MOS made a massive run to 162. This could potentially do the same here. Technicals are strong, riding the 200 day and in clear uptrend with volume. I want to focus on geo political issues now. Belarus and Russia are the 2nd and 3rd biggest potash producers, both are allied and Russia is facing massive sanctions from the U.S.. This creates a perfect storm for MOS to skyrocket in price on the back of recession concerns. Albeit this is my opinion, but I have some leap calls riding on my thesis here.
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