iBankCoin
Joined Nov 11, 2007
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$GS: Commodity Super Cycle Not Over Yet

“The supercycle that saw the prices for many commodity prices soar over the past decade hasn’t finished yet, according to Goldman Sachs.

Commodities won’t appreciate much going forward, but bursts of global demand will spark short-term shortages, according to a new report from the bank. And that will create mini rallies in various commodities, it says.

“It is tempting to call an end” to the commodity supercycle, thanks to increased supplies and slowing growth in China, the report says, according to Marketwatch…”

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