Goldman Sachs: Commodity Supercycle Could Last A Decade

Oil prices could reach $95 if Iran doesn’t return to the market this year, while commodities overall are set for a supercycle that could potentially last a decade, according to Goldman Sachs, which is “extremely bullish” on the whole commodity complex. Currently, we are seeing record dislocations in energy markets, metals markets, and agriculture markets, Jeff Currie, global head of commodities research at Goldman Sachs, told Bloomberg Television in an interview on Thursday. There is still a lot of money in the system, while investment…