Goldman says commodities headed for bull market in 2021 on inflation fears


graphic image red sticker with the word "inflation"“The bank forecast a return of 28% over a 12-month period on the S&P/Goldman Sachs Commodity Index (GSCI), with a 17.9% return for precious metals, 42.6% for energy, 5.5% for industrial metals and a negative return of 0.8% for agriculture.”

USAGOLD note:  Goldman sticks with its bullish commodities forecast – continues to see a strong market for gold and silver.

Repost from 10-22-2020

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