FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo
The bank forecast a return of about 27% over a 12-month period on the S&P/Goldman Sachs Commodity Index , with a 19.2% return for precious metals, 40.1% for energy, 3% for industrial metals and a negative 1% return on agriculture. “In metals, we have seen a sharp drop in maintenance capex and supply disruptions dragging into 2021. This suggests that, even if demand falters in coming weeks as winter exacerbates COVID, markets will likely continue to rebalance, barring an outright collapse in demand,” Goldman Sachs said in a note.
Go Biden!
V čase nejistoty komodity idu vždy hore ! Lubos
90% of news about covid and trump
WE NEED HELP! Covid is rough rn. I’m living off about a 1/3 of what I used to make working weekly. I’m lucky enough to be back home with my dad but many aren’t. Americans are going broke without aid. PLEASE RETWEET so Congress can see! I’m only one guy but WeNeedHelp
The imminence of the coming of THE MESSIAH should make you ready all the time for the Rapture of the Church.MidweekMegaWord
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »