We're at the beginning of a commodities supercycle: Goldman Sachs' Jeff Currie

[@william53]

Been listening to Jeff last year (CNBC) - very good info for investors - Thank you!

[@Patrick-jx1yo]

“It’s only just begun” -Karen Carpenter

[@tyn6211]

My 401k is Vanguard mutual fund only, so I had to convert everything into VGENX about a year ago. Thank goodness for that!

[@bobbobertson7568]

What was that about Cathie Wood saying oil would never be above $20 again?

[@MrKongatthegates]

Facepalm lol

[@shirleymclean3607]

Didn't Cathie Wood predict that oil prices would drop to $12 a barrel in 2020?

[@ragingmonk6080]

Sold half of my Exxon that I have held since the dip during COVID. Hate to sell it all but I'm at at 85% profit and it is hard not to dump the rest and pick it back up later.

[@dantheman1534]

when it's at 104% profit?

[@nickseccombe1357]

This guy is the best

[@callasfanatic8037]

The economy cannot handle these commodity prices. We will go into recession very soon because of energy.

[@dantheman1534]

Brandon - I Did That!

[@Lucas0048]

Not just yet but after summer maybe!

[@RWZiggy]

@@Lucas0048 What about summer heat waves, that's going to be very expensive and what if there isn't enough fossil fuel flow to cover (80 percent our energy is fossil!). Large amount of deaths by heatstroke because of Democrat foolishness is a real possibility.

[@Lucas0048]

@@RWZiggy exactly!! a lot of uncertainty right now we will have to see

[@ashane4237]

Now it is August, and his predicted "Supercycle" has brought the price of oil down to $86. Goldman seems to have a strong bias toward predicting every commodity to go higher and higher. Of course, that induces people to invest in commodities, hopefully through Goldman. Their track record in a wide range of commodity products is not very good.

[@donelpatterson9036]

* ALPP... Revenue Up 195 % in 1st qt 2022. Alpine 4 Holdings. U.S. Manuf with 11 Subsidiaries. Drones, Electronics, EV Parts and New Superior tech RCA Commercial Graphene batteries.

[@mikethompson3534]

All I know is that when Biden speaks I do the opposite if he says electric is the wave of the future I invest in oil

[@fatmanslim4592]

man i didnt listen this time last year...i thought these guys were blowing bs out of their ass when oil went into the negatives. Many companies were on the verge of bankruptcy, small caps. I thought about buying but that was like betting on losing everything. I wasnt greedy or stupid enough to risk that. The lucky idiots that actually bought during this time are laughing to the bank now. But for every idiot that gets luck, there are 4 others who arent so lucky.

[@erch4882]

Biggest issue is hands down gas prices. That need to come down by $3 or face recession

[@Roaddog22]

What About $2.35 Where Did You Pull That Number, Crazy You Are!!

[@erch4882]

@@Roaddog22 What ???

[@MrKongatthegates]

Not really

[@Gogalen789]

Metals and mining prices much lower than oil and ⛽ gas

[@stephencuskley5251]

Great news! There's a new startup electric vehicle company developing a fully electric car that has a range of 450 miles and needs NO BATTERY. The only problem is that the cord costs $790,000.

[@mikethompson3534]

🤣🤣🤣 Yes that’s Biden’s answer to the problem

[@rajbanwait325]

Great Energy Transition...

[@rajbanwait325]

GET...and BH is "ahead of the curve"...someone's else has been investing in commodities equipment and production, guess who...Hint: I'm His favorite nephew....

[@williamazevedo2767]

Where do you think the energy comes to make all of these EV’s? All of the metals and minerals required to produce these evs are all mined which is extremely energy intensive. Then everyone is plugging in there evs and guess where that power is coming from? Fossil fuels . Energy ignorance at it finest. Keep watching cnbc.

[@WinterGK]

Its pretty sad that Americas electricity production is only 14% from renewables. Nuclear is about 20% which is the second best alternative. But the rest is fossil fuels. According to the newest research, a EV vehicle pollutes 94% less than a gasoline vehicle over its lifespan. Only the production has higher emissions, but after about 3-4 years on the road it starts to pay that back. The US really needs to start investing in green energy to run the greener vehicles of the future.

[@RWZiggy]

@@WinterGK That would be great, to have plan, direction and actual serious building out. But the Biden administration has none of that, just choking domestic energy. Building out square miles of solar array in desert with storage systems, and UHVDC lines to distribute power would be awesome and could provide more than half our energy (and yes with fossil on standby to fire up if we really had a long stretch of non-sunny days, unlikely). But that would take organization and leadership. We don't have that.

[@notanomad9320]

Biden says he's going to end fossil fuels, we'll that means no green energy because you can't create it without using fossil fuels. This administration has no clue how things work.

[@perrinpartee557]

Yes exactly

[@gmoney6856]

Exxon is the King of all stocks.

[@bozolito108]

Uranium will smoke em all

[@Marc-bw5fd]

There plenty of oil in the world, the surge is purely speculation as oil prices have always been subject to speculation. The question that must be asked is why opec doesn’t raise supply as they used to do in situations like this

[@shirleymclean3607]

Opec hates Brandon

[@RWZiggy]

Why do we need to worry about OPEC? USA can and did make more fossil fuel than it used! Price may be set globally but actual deals to ship are done country to country, we don't need another country! We need to quit quagmiring production and distribution!

[@wilee.coyote5298]

@@RWZiggy Different types of crude

[@RWZiggy]

@@wilee.coyote5298 USA can handle the most difficult types to refine, like W Canadian. We don't have a problem other than Biden administration be obstructive.

[@perrinpartee557]

Idk about plenty of oil. Plenty of people with a growing demand for oil is more like it

[@cluedin]

Buy oil at all time high? Hmmmmm

[@Lenny1337i]

Just buy the oil equities that are priced at 65 Dollar oil. Those still have real leverage.

[@garymcmillan6943]

Still has a ways to go. Even after all-time highs. So the answer is yes, still ok to buy.

[@mikevick5188]

thats boolishhh

[@sukhjinder71]

Oil prices, and gas prices are not sustainable. They will crash soon.

[@jonc6157]

I don't trade often , but this trade wow...

[@paulmichaelssalon]

Oil will top out around 150 a barrel. Then pull back.

[@wilee.coyote5298]

It'll keep going up to about $175 for about 6 to 18 months until supply catches up.

[@paulmichaelssalon]

@@wilee.coyote5298 yeah I can definitely see that

[@MrKongatthegates]

175

[@a.brekkan4965]

220 by 2023

[@cameronnewberry2022]

I believe energy is the play but my gosh has it fallen since this video. I’ll scoop some up when the technicals are right

[@CaddyBlues]

So he’s basically telling retail investors to buy high after institutions bought years ago when it was basically worth nothing? Yeah…hmm…

[@dantheman1534]

oil is going higher. only game in town. oil co's are printing money. im buying more after fed speaks

[@MrKongatthegates]

Still room to run. We need oil bad dont we?

[@MoMoZizi4865]

@@dantheman1534 Still holding that trade?

[@garywhite4104]

Hedging can’t address enough of the volatility to trigger more investment? This volatility is a top obstacle ?

[@artvandelay2591]

Why aren't we seeing more money into bug energy like Exxon and Chevron?

[@sandybeach3576]

XOM to the moon. Yeah.

[@donelpatterson9036]

* FFIE.. Up 60 % Month. Faraday Future EVs... FF 91....FF 81....FF 71... SLMD Van. FF 91 Futurist Alliance Ultra Premium Luxury Artificial Intelligence Spa Function, 1,050 hp Spa Function, 11 Displays $ 300,000 SUV EV Arriving by Sept 2022.

[@Vagabor123]

Hope you guys are paying attention to uranium

[@joescott8877]

@@PinzonJessieJ haha! i jsut recommended that above about 5 seconds ago. agree!

[@XCAPSTUDIO]

Bs Same company told the market lithium peaked and oversupplied , where is this super cycle coming?

[@johnbraun1607]

Since the Election gas is up 300%+

[@MrKongatthegates]

120%. A little more than double

[@johnbraun1607]

@@MrKongatthegates do the math under 2 bucks in Sept 2020 now over 6 bucks... That's 300%+

[@johnbraun1607]

@@MrKongatthegates must be a Biden voter

[@jbe-commerce1760]

The problem with soaring commodities is demand destruction.

[@brittanymyles7885]

I and my family has been very happy trading with the help of mr pen Larry he’s the most reliable trader I’ve worked with I’m happy with him.

[@brittanymyles7885]

On tele gram

[@brittanymyles7885]

Penlarry

[@vanmasterflash7153]

This guy wants one more pump before he dumps.

[@janetmiller4252]

😂

[@Tresvigint]

Commodity supercycle already start from 2020...

[@crazychicken675]

We're just beginning lolol

[@Toto2i]

ESG requires a price to be paid. Pay the price or stop all the virtue signaling.

[@jackt3912]

Says the commodity analyst

[@garymcmillan6943]

Ur totally right. You should probably not buy oil companies and go out your money in wind/solar instead. Maybe NIO, or TSLA. Go all-in. Don't be scared.

[@jackt3912]

@@garymcmillan6943 lol. All I'm saying is what do you think he'll say? Commodities are not the future? We are near the end of a supercycle?? lol.

[@garymcmillan6943]

@@jackt3912 Everything he says is completely true. I've been following oil religiously for the last few years. This guy doesn't miss a beat. And yes, when this is all over years from now I guarantee you he will call that, too.

[@farnio]

@@garymcmillan6943 😂

[@johndallara3257]

Great analysis's, when you talk energy and fail to mention climate policy that has allowed us to make bad decisions while pointing towards some fairly tale energy future that does not exist. A toilet flushing imparts more common sense.

[@zackhorner460]

extremely bearish...smart money convincing retails to be bullish so they can offload their bag at a profit.

[@rebeccavoodoo2191]

This woman is asking stupid questions Jeff been telling you it’s been global cycle from under investment in commodities..

[@thonatim5321]

Becky Quick is a well respected business journalist. She is not political and sticks to the facts. I really enjoy her interviews.

[@rebeccavoodoo2191]

@@thonatim5321 I’m not denying that but Jeff gas repeatedly explicitly told her we are in a commodity booming economic cycle

[@joescott8877]

@@thonatim5321 Me, too! I also love how she uses her eyebrows to great emphasizing effect--just watch!

[@thonatim5321]

@@joescott8877 I watch her and Joe Kernan every morning. They are a great team and Becky reports the news; no drama, no bu!!$hit.

[@id10t98]

This aged like milk. Two weeks later and every energy related stock is down 20% or more.

[@MoMoZizi4865]

Currie is infamous for calling commodity tops whenever he calls for super cycles. 2008, 2014. 2018. He goes into hypernatkion when an economic slowdown or recession hits the commodities, and emerges right at the top of a post slowdown recovery to reclaim his super cycle narrative. Rinse, repeat.

[@joshp7469]

Nice time to buy in

[@MoMoZizi4865]

Let’s see if Jeff Currie goes in hyphenation now that almost all commodities are in a bear market. And then come back claiming any other super cycle whenever we exit this coming recession. Rinse, repeat. Fool me once…..

[@catholicexplorer9231]

Drill baby drill

[@UraniumEnergyAAA]

Team Currie trashed team Cathie Wood...

[@vasileioskosmidis1421]

No his not he made so many wrong calls.

[@Imjustadoggy]

Exxon is going up because their mining bitcoin 🤣

[@garymcmillan6943]

Yeah.. 120$ oil likely has nothing to do with it.

[@keto6789]

XLE XLE XLE XLE!!

[@aggieschoonover4235]

Rah, rah, rah! Invest now. I need to make more money.

[@SharhbiniRauf]

ONE GLOBAL FUEL TREND AND FOR FUTURE TILL DOOM DAY IS HYDROGEN, WE JUST NEED START AND ACTIVATED WORLDWIDE HYDROGEN REVOLUTION NOW.

[@mr.k7990]

Disaster USA yeah~

[@АннаКожанова-ю2г]

jeffrey

[@АннаКожанова-ю2г]

These adjectives indicate absence of excitement or discomposure in a person, especially in times of stress. Cool usually implies an alert self-possession, but it may also indicate aloofness: "

[@АннаКожанова-ю2г]

cool′ness n.

[@АннаКожанова-ю2г]

and wrung it heartily.

[@АннаКожанова-ю2г]

“Well, now, that is real kind of you, Dr. Watson,” said he. “You see how it is with me, and you know just as much about the matter as I do. If you will come down to Baskerville Hall and see me through I’ll never forget it.”

[@Beware_the_Confluence]

i wish Putin would ease up on making things so expensive

[@JW43758]

Is he drunk? What a clown 😂😂😂

[@bobbobertson7568]

How's your Rivian and ARKK doing?

[@Lenny1337i]

He likely one of the best commodity experts of this generation. His calls have been more right than wrong. He made me very decent returns.