Goldman Sachs foresees strong price increases for commodities next year and even a record year.

These statements should please everyone who bets on commodities. And according to Jeff Currie, Global Head of Commodities Research at Goldman Sachs, investors should be able to look forward to returns of more than 40 percent in 2023. "From a fundamental perspective, the outlook for most commodities next year is the best it’s been since we first pointed out the super cycle in October 2020," Currie said. While the first quarter of the new year could still hold disappointments, the tide should then turn. Low investment in gas, oil and other essential metals will help. Many are also too pessimistic about Chinese demand. And China is now a decisive factor in terms of commodity demand and commodity prices. The Goldman Sachs analysts are particularly optimistic about copper; they see a price of around 11,000 US dollars per ton coming.

Goldman Sachs experts predicted a commodity super cycle as early as the end of 2020. They did not give up this opinion even when energy prices fell recently. The background to these expectations is the low level of investment in the entire commodities sector. This will result in deficits that exceed demand. In this context, the S&P GSCI Total Return Index, which tracks commodity price developments, is also interesting. In the current year, the index has already risen by 24 percent, but according to Goldman Sachs it is set to rise further next year, by a staggering 43 percent. Investors should therefore consider whether it would not make sense to get into commodities. Because now is a good time, investors might want to make commitments now rather than jumping on a bandwagon later.

Golden Rim Resourceshttps://www.commodity-tv.com/play/golden-rim-resources-new-ceo-on-resource-expansion-plans-for-kada-gold-project-in-west-africa/ – has gold, copper, silver, lead and zinc in its projects. They are located in Guinea and in Chile.

Torq Resourceshttps://www.commodity-tv.com/play/torq-resources-gold-fields-as-new-strategic-investor-follow-up-on-promising-discovery-at-margarita/ – is also active in Chile, focusing on gold and copper.

Current corporate information and press releases from Torq Resources (- https://www.resource-capital.ch/en/companies/torq-resources-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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