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Goldman looks to cash in on commodities

Posted on 02 October 2012

Goldman Sachs analyst Jeffrey Currie issued an upbeat report on the global commodities market. The considerably positive outlook for commodity prices over the next 12 months will most likely result in the investment bank’s increasing its focus on commodities trading soon. Currie believes returns from commodities for the period will be more than 18%, and he expects almost half of the gain to be realized by the end of this year.
Goldman Sachs, with its strong position and considerable expertise in the highly competitive commodities trading market — which includes global investment banking giants like UBS, Deutsche Bank, Morgan Stanley and Barclays — is positioned well to derive maximum value from such an uptick………………………………………..Full Article: Source


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