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Jeff Currie of Goldman: All commodities in deficit except for zinc, and cocoa

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First published at 23:52 UTC on March 4th, 2021.

Arcadia Economics

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#JeffCurrie of Goldman: All commodities in deficit except for zinc, and cocoa

Jeff Currie of #GoldmanSachs was back on CNBC today, and he noted how all of the other commodities aside from gold, zinc, and cocoa are in sharp deficits due to demand re…

#JeffCurrie of Goldman: All commodities in deficit except for zinc, and cocoa

Jeff Currie of #GoldmanSachs was back on CNBC today, and he noted how all of the other commodities aside from gold, zinc, and cocoa are in sharp deficits due to demand recovery and inadequate supply.

He also noted how backwardation is a sign of shortage in the market, which is currently the case with #silver.

It’s a shocking report, and to find out more, click to watch the video now!

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