Back in December, Saxo Bank’s Steen Jakobsen predicted a massive boom in commodity prices was dead ahead. Not many others shared that view back then.
But, boy, was he ever right.
Commodity prices have exploded in the five months since that interview was recorded.
Wealthion is hosting is first-ever online conference on June 5th, featuring money & market experts such as Lacy Hunt, Grant Williams, Stephanie Pomboy, Lyn Alden, David Hunter, Matt Taibbi, Mike Maloney and many others.
Early bird price is only $99. Register today!
We look forward to seeing you there on June 5!
And more important, in Steen’s eyes we ain’t seen nothin’ yet. He predicts commodity prices are going to continue heading higher, a LOT higher, from here.
Growing demand for limited supply (demand push inflation). And further fresh $trillions in upcoming stimulus programs (monetary inflation).
Infrastructure around the world is being rebuilt — much of it badly needed. Tens of $trillions will be spent over the coming decade by governments now looking to such massive spending as a way to spur jobs and growth.
And in the more immediate future, Steen calculates 2021 economic growth has already peaked and sees a weaker Q3 ahead. He predicts the central planners will need to step in with new stimulus programs like we saw earlier this year.
Which is why Steen agrees that, now more than ever, it’s important to partner with a financial advisor who understands the nature of the market risks in play as well as the opportunities, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate.
To watch our interview with Steen, click on the image below:
Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.
And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical resilience preparations.
We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.
But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.