It's going to get bumpy, although I don't know how much faith I have in Goldman. You guys better bunker down and get ready for some serious inflation.
Goldman Sachs Group Inc. forecasts an 18.2 percent return on commodities in the next 12 months, with energy and industrial metals leading the way.
The Standard & Poor's GSCI Enhanced Commodity Index gain of 18.2 percent will compare with 26.5 percent in energy, 10 percent in industrial metals and 6 percent in precious metals, Jeffrey Currie, an analyst at Goldman Sachs, said in a report dated Sept. 21. Agriculture will be down 5 percent over the same period and livestock up 4.5 percent, according to the report. The Federal Reserve's third round of quantitative easing will help boost copper in the 2013 first half, he said.
http://finance.yahoo.com/news/goldm...RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3
Goldman Sachs Group Inc. forecasts an 18.2 percent return on commodities in the next 12 months, with energy and industrial metals leading the way.
The Standard & Poor's GSCI Enhanced Commodity Index gain of 18.2 percent will compare with 26.5 percent in energy, 10 percent in industrial metals and 6 percent in precious metals, Jeffrey Currie, an analyst at Goldman Sachs, said in a report dated Sept. 21. Agriculture will be down 5 percent over the same period and livestock up 4.5 percent, according to the report. The Federal Reserve's third round of quantitative easing will help boost copper in the 2013 first half, he said.
http://finance.yahoo.com/news/goldm...RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3