FINSUM + Magnifi: Goldman Sachs Bullish on Commodities Market

(March 2021)

Jeffrey Currie, head of Commodities Research at Goldman Sachs, said there is the beginning of a structural bull market in raw materials. The main reason behind this push is a variety of policies that are driving demand. The U.S. and Europe’s supply chains have been in a rut due to the pandemic, but governments are looking to change how they interact with the economy post-pandemic. The U.S. and China are looking to retool their supply chains in a variety of industries. This policy-focused push is creating micro-price pressures in industries. The supply can’t keep up currently, so as the dollar continues to weaken amid inflationary pressures commodities like oil offer an outlet to hedge the macro factors. Crude oil, copper, and Natural Gas are all up in 2021.

(New York)

FINSUM + Magnifi: Leading research shows how this pandemic had a unique spillover across industries as supply chains became disrupted. Now that signs of life are picking back up, demand for commodities is improving. 

New call-to-action

Magnifi is changing the way we shop for investments, with the world’s first semantic search engine for finance that helps users discover, compare and buy investment products such as ETFs, mutual funds and stocks. As of March 2021, 250,000+ users with $475+ Billion in Assets Under Influence, has used Magnifi over 1,200,000 times. Try it for yourself today.


This blog is sponsored by Magnifi. The information and data are as of the publish date unless otherwise noted and subject to change. This material is provided for informational purposes only and should not be construed as individualized investment advice or an offer or solicitation to buy or sell securities tailored to your needs. This information covers investment and market activity, industry or sector trends, or other broad-based economic or market conditions and should not be construed as investment research or advice. Investors are urged to consult with their financial advisors before buying or selling any securities. Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. Past performance is no guarantee of future results. This content may not be reproduced or distributed to any person in whole or in part without the prior written consent of Magnifi. [As a technology company, Magnifi provides access to tools and will be compensated for providing such access. Magnifi does not provide brokerage or custody services.]


Magnifi in Action: Discover "Gold"

Click on any fund in the chart below to dig deeper.




Related Posts

FINSUM + Magnifi: Gold Could Surge on Chinese Import Changes

April 20, 2021

China is one of the largest gold consumers in the world, but the pandemic has put...

FINSUM + Magnifi: Gold Bulls See Second Stimulus Package as Tipping Point for Another Run

April 13, 2021

Gold had one of its biggest runs last August, but gold funds and ETFs have been...

FINSUM + Magnifi: Water Crisis Give New Dimension to ESG

April 6, 2021

Two extreme water crises have occurred since the new year and are moving water...

FINSUM + Magnifi: Wells Fargo Says Stage is Set for Gold

April 1, 2021

Wells Fargo’s head of real asset strategy John LaForge says gold could hit $2,200...