Commodities Boom Only In 'Early Innings', Much Higher To Go | Saxo Bank CIO

WATCH PART 2 (https://youtu.be/0szKRMCoOpc) & then SCHEDULE YOUR FREE PORTFOLIO REVIEW at https://www.wealthion.com/

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?

Growing demand for limited supply (demand push inflation). And further fresh $trillions in upcoming stimulus programs (monetary inflation).

Infrastructure around the world is being rebuilt — much of it badly needed. Tens of $trillions will be spent over the coming decade by governments now looking to such massive spending as a way to spur jobs and growth.

And in the more immediate future, Steen calculates 2021 economic growth has already peaked and sees a weaker Q3 ahead. He predicts the central planners will need to step in with new stimulus programs like we saw earlier this year.

Which is why Steen agrees that, now more than ever, it’s important to partner with a financial advisor who understands the nature of the market risks in play as well as the opportunities, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate.

Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here:

Get Started With A Financial Advisor

And if you’re one of the many brand-new viewers to Wealthion, we strongly urge you get your financial situation in order if you haven’t yet already done so.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.

But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.

Get Started With A Financial Advisor

One thought on “Commodities Boom Only In 'Early Innings', Much Higher To Go | Saxo Bank CIO

  1. Adam, where on earth is Chris Martenson? We badly need his commentary on all the going's on with the CoooV Yak-sine. This story is even bigger than the initial outbreak of CoooV itself.

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