Goldman predicts commodities will soar in 2019
“’Given the size of dislocations in commodity pricing relative to fundamentals — with oil now having joined metals in pricing below cost support — we believe commodities offer an extremely attractive entry point for longs in oil, gold and base,’ analysts including Jeffrey Currie said in a report.”
USAGOLD note: Currie believes the rebound could begin as early as this week at the G-20 conference in Buenos Aires. Oil moved higher in overnight trading following last week’s declines.
Repost from 11/26/2018