Commodities Veteran Jeff Currie on 2024 Markets

[@giannidc1207]

Feel sorry for him...at Goldman they have tons of data, still they couldn't realise oil price will go down. I think they were in love with their idea and never let it go

[@SamTenkan]

If you want to feel sorry for someone, I am here, unemployed at the age of 50, with a portfolio of less than 400K 😅

[@VTh-f5x]

​@@SamTenkanmove to alabama. 400k will last you 4 generations

[@johnchew503]

You are sitting pretty. If you compound your capital at 20% per year for the next 50 year, then you will be a multi-millionaire. You got it made@@SamTenkan

[@illegalsmirf]

Ur a loser in life@@SamTenkan

[@marktovey273]

You could retire right now on 500k in Argentina or another low income country

[@BaccaratDegen]

2024 you gotta own commodities

[@Petroguest-i4g]

As the late Charlie Munger used to say, “never sell.” In doing so you avoid the cyclical issue of downturns in the market. Leaving me in a dilemma of either to sell off positions on my $2m portfolio or buying more brk.a and b on the dip?

[@Countstep0099]

Don't sell; avoiding trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term! you can alternatively seek guidance from a proper advisor for accurate strategies

[@wealthychronicle-i1u]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

[@Petroguest-i4g]

How do I find this Advisor?

[@wealthychronicle-i1u]

Nicole Desiree Simon is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@Petroguest-i4g]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.

[@amatuer2]

Good to see Jeff - experienced and knowledgeable !

[@illegalsmirf]

It's easy to be a commodities veteran. Just keep saying that oil will go higher from here. Sometimes you'll be right and sometimes you'll be wrong but nobody will care.

[@rudeawakening3833]

FACTS - Central banks aren’t stockpiling copper ; they are and have been for over three years stockpiling PHYSICAL GOLD - for a reason ! Now India and China are starting to stockpile into THE most undervalued commodity on earth - PHYSICAL SILVER ! It’s now over 50% below its all time high ; and gold IS AT its all time high . Silver happens to be in a fourth year global deficit …

[@rudeawakening3833]

@@joseeduardo7236 Educate me , keyboard warrior . No disrespect - what did I type that was not the truth ?

[@bps7209]

We will be drilling for oil as long as the world turns. If you want the reality of it all. Investing in energy and commodities is still a no brainer. The largest banks made 3 billion in profits in 2023 bond underwriting and loan provisions on green green energy. Go figure that one out.

[@alystero8838]

Exactly

[@SamTenkan]

Still, we might have oil around 50$ with a small recession in 2025.

[@gordoncomstock5699]

the real kicker is the timing. If you went into 2022 super bullish, you obviously got burned pretty badly, like Jeff was saying

[@bps7209]

@@gordoncomstock5699 agreed, you definitely need to pick your points of entry., but that’s for just about any equity. If you miss the chance move on, never ever do I try to play catch up. There will be many other opportunities.

[@bps7209]

@@SamTenkan well, I would want to have cash on hand. I personally don’t like seeing oil above $80. $70-80 is the sweet spot for consistently good returns.

[@kemala.5297]

Natgas has been a curse, I hope we can see some bullish move

[@letsdanceonhere]

Great interview.

[@HomerSimpson-bm7lz]

Wow - he’s been dead wrong hasn’t he. Oil is his kryptonite.

[@smsfelipe]

Don't know about being dead wrong, nothing wrong with a nice trading range, and the best oil producers are up a lot since 2021

[@joseeduardo7236]

You are dumb ass, IQ less than 50. Just simply get out of here asshole!

[@chrish9311]

He is wedded to the idea of green transition and EVs etc which is never going to happen.

[@JohnDoe-wu4tt]

Why did Morse at Citibank get it right then?

[@chrisjones1796]

"Far right". LOL. Downtick.

[@jmhaaveuutr-tr88ml]

Omg! FED and Janet are wondering. Wondering why labor unemployment do not rising? Janet and Congress rising limit of budget deficit. Rising and rising debt of USA budget. Means they are creating new jobs in government sector. Creating and creating. And??? And are wondering with Powell FED why labor market so resilience! Inflation will never stop till rising limit of debt USA. USA will go with rate 5% to the 2025 believe me....

[@cheersmodreams691]

Bullish 2024 commodities = sticky inflation = fewer rate cuts except for Presidential politics.

[@JensN113]

where is the supercycle?

[@nikolaussoundso]

A true supercycle goes parabolic: Slow advance in the beginning, then faster into 2030

[@tomfletcher4596]

Why are drillships and harsh weather semis pricing at increasing day rates if offshore is of no interest? I argue there is space for offshore investment and US shale does not meet marginal demand alone (beyond Saudi and Russia)

[@ahmadtariq80]

Jeff missed out on 2023 call because China demand upsurge didn’t happen as expected

[@onlythetruthformeandyou]

The only person on the planet that keeps his job by getting it wrong....

[@oneofthemdeals]

Watching this overrated anchor gives me nausea.

[@Fj8282haha]

Clown was so sure about “commodities super cycle” as he preached got FIRED by GS… 😂😂😂😂

[@ksriram1978]

.., and here goes the new econ buzzword - “immaculate disinflation” !😇🤣

[@vadinho4321]

It used to be "Commodity Supercycle"

[@islandaerial3414]

Let's see the PM markets get 'tamped down' a few more times. Eh Jeffy? If only there was the 3rd largest source of hydrocarbons right next door... Oh wait Alberta

[@edgardoberlioz2168]

Been Dead Wrong !