By Frank Holmes – Re0-Blogged From http://www.Silver-Phoenix500.com
Near the beginning of the year, Goldman Sachs analyst Jeffrey Currie made the case that the macro backdrop right now favored commodities in 2018. With inflation pushing prices up and world economies borrowing record amounts of capital, it was the best time “in decades,” he said, for investors to have exposure to base metals, energy and other materials.
“Commodities had a miserable year” in 2017, Currie told CNBC. “History says commodities will outperform equities this year.”