Commodities Boom Only In 'Early Innings', Much Higher To Go | Saxo Bank CIO

WATCH PART 2 (https://youtu.be/0szKRMCoOpc) & then SCHEDULE YOUR FREE PORTFOLIO REVIEW at https://www.wealthion.com/

Back in December, Saxo Bank's Steen Jakobsen predicted a massive boom in commodity prices was dead ahead. Not many others shared that view back then.

But, boy, was he ever right. Commodity prices have exploded in the five months since that interview was recorded.

And more important, in his eyes we ain’t seen nothin’ yet. He predicts commodity prices are going to continue heading higher, a LOT higher, from here.

Why?

Growing demand for limited supply (demand push inflation). And further fresh $trillions in upcoming stimulus programs (monetary inflation).

Infrastructure around the world is being rebuilt -- much of it badly needed. Tens of $trillions will be spent over the coming decade by governments now looking to such massive spending as a way to spur jobs and growth.

And in the more immediate future, Steen calculates 2021 economic growth has already peaked and sees a weaker Q3 ahead. He predicts the central planners will need to step in with new stimulus programs like we saw earlier this year.

Which is why Steen agrees that, now more than ever, it's important to partner with a financial advisor who understands the nature of the market risks in play as well as the opportunities, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate.

Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here:

https://wealthion.com/

And if you're one of the many brand-new viewers to Wealthion, we strongly urge you get your financial situation in order if you haven't yet already done so.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you've already got one, great.

But if not, consider talking to the team at New Harbor. We've set up this 'free consultation' relationship with them to help folks exactly like you.

https://wealthion.com/

At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.

There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.