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Goldman Sachs: Now is the time to go long on commodities

Goldman Sachs Commodity expectations

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Until now, investors have been disappointed at the start of the stock market, and this may prompt them to turn their attention to the commodity market, Goldman Sachs said. The bank is of the opinion that now is the time to invest in raw materials. In a letter to its customers, the bank noted that commodities are in a long-term upward trend, currently 8% lower than the last ones. If we pay special attention to grain crops and bad winter in North America, the prospects for extraction are not very flourishing. After record yields last year, this summer will certainly provide long-term support for raw bulls.

Source: Investing.com


 Trader Georgi Bozhidarov

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