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This Article is From Feb 04, 2021

Goldman's Jeff Currie on the Silver Squeeze and the Coming Boom in Commodities

Goldman's Jeff Currie on the Silver Squeeze and the Coming Boom in Commodities

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Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

It's been a weird several days in the market. What started with a short squeeze in GameStop, driven by Reddit traders, somehow morphed into a huge surge in demand for silver. Whether it started on WallStreetBets is unclear, but something happened that caused demand for the metal to surge. So we talked about this with Jeff Currie, the global head of Commodities Research at Goldman Sachs. We also discussed why he sees a huge bull market coming in commodities. And why Biden's policies of green stimulus and redistributive economic policy may push the price of oil even higher.

©2021 Bloomberg L.P.

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