(Wallace Refiners) – Commodities, including gold, have been seeing initial signs of a long-term bull supercycle, said Steve Hanke, professor of applied economics at Johns Hopkins University.
“Supply is very constrained, inventory is very low, and then as the economy starts kicking in and moving forward, commodity prices go way up and you do start a supercycle. I think we are seeing the initial signs that that might be in the wind,” Hanke said.
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