Make Kitco Your Homepage

Gold to enter bull 'supercycle' in 2021, here's why - Steve Hanke

Kitco News

(Kitco News) - 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.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.