picked the mining and metal stocks that it predicts will benefit from a commodity "supercycle" like the one seen more than a decade ago.
The last supercycle happened in the mid-2000s during the house price bubble that resulted in a credit crisis. At that time, the price of some metals surged — in a sector that is notoriously hard to call Goldman said that while the metals and mining sector is up more than 100% from the lows seen in March 2020, to a high not seen since 2011, there is still room to grow. This, it said in a note published Wednesday, is due to an increase in Chinese manufacturing, the distribution of coronavirus vaccines and a shortage of certain metals.
Pro an ad for cnbc pro? no thanks.
Pro Follow up TransformDigit3
Pro Manufacturing boom - in the depth of a world-wide pandemic lockdown. Every QE we do, every stimulus we take, all the money ends up in the far east. We get very little benefit from them Pres.Elect JoeBiden . There must be a better way.
Pro 😂😂😂😂 Opium gives you nice dreams too
Pro Don’t invest in capitalism. Reject it.