The Commodity Supercycle Has Just Begun And Wall Street Is Getting Bullish On Oil And Metals
The Commodity Supercycle Has Just Begun And Wall Street Is Getting Bullish On Oil And Metals
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According to Goldman Sachs, the Commodity supercycle hasn't even begun yet and the years of deficits for many commodities will squeeze the market though Goldman suggested this wouldn't be as intense as the 70's based on a "it's different this time" type reason. The bank was down on Gold but maybe there is a reason for that. I can't envision a green future where there is a base metal deficit supercycle without silver benefiting from the trend. It's almost like Goldman is willingly ignoring silver and gold.
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