Commodities Boom Only In ‘Early Innings’

 

This perspective on the markets is from our friend Adam Taggart at the newly-launched Wealthion channel; we hope you enjoy it.

 
Commodities Boom Only In 'Early Innings'

Back in December, Saxo Bank’s Steen Jakobsen predicted a massive boom in commodity prices was dead ahead.

Not many others shared that view back then.

But, boy, was he ever right.

Commodity prices have exploded in the five months since that interview was recorded.

And more important, in his eyes we ain’t seen nothin’ yet. He predicts commodity prices are going to continue heading higher, a LOT higher, from here.

Why?

Infrastructure around the world is being rebuilt — much of it badly needed — to the tune of tens of $trillions over the coming decade.

And in the more immediate future, Steen calculates weakening GDP growth will force central planners to step in with new stimulus programs by Q4.

Watch Adam Taggart’s interview with Steen to hear how he’s positioning his portfolio today for what he sees coming ahead — and, in particular, why he thinks the outlook for gold and silver is “quite beautiful” right now…