Wells Fargo Is Now Bullish Commodities

By Kitco News / December 05, 2018 / www.kitco.com / Article Link

Dec 07, 2018 Guest(s): John LaForge Head of Real Asset Strategy, Wells Fargo

The supply-demand fundamentals are turning in favor of commodities for 2019, especially the metals, this according to John LaForge, head of Real Asset Strategy at Wells Fargo.
"Metals are the one real positive we like above and beyond everything else, particularly silver, particularly platinum. So we like commodities, but we especially like the metals," LaForge told Kitco News.
Gold is expected to lag its peers in the metals space, but Wells Fargo is still placing a 2019 target on the yellow metal on $1,300 an ounce.

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