Looking at a 10-year gold prices or silver prices chart and seeing respective gains of 423% and 650% can get investors pretty excited, and for good reasons.
Whether you enjoyed the previous commodities bull run and are currently adding to your positions, or just initiating one, now is the time to buy gold and silver, as both are expected to continue climbing in value.
The "commodities super cycle is far from over" is a sentiment
Money Morning Global Resource Specialist Peter Krauth has repeatedly shared with readers, and it was reiterated today by Jeffrey Currie, head of Commodity Research at
Goldman Sachs Group Inc. (NYSE:
GS).
"We believe current market developments are simply the next phase of a commodity investment cycle that commenced in the late 1990s and, like previous phases, it will create new investment opportunities and should therefore be viewed more as a renaissance," Currie told
Bloomberg News.
This "renaissance" is something investors should enjoy by having part of their portfolio invested in precious metals and other commodities.
Here's why.
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