Dec. 21 at 5:45 PM
$MMTLP $VNOM $B $TARSF
BIG shout out to Goldman Sachs Commodities Analysts!! Even they admit the "just in time supply chain" has gone the way of the Dodo Bird....so to speak.....replaced by....."if you can't hold it in your hand, it does not really exist"....so to speak.
"Translated into practical terms, this is the onshoring theme moving from manufacturing into physical resources. The legacy of just-in-time supply chains, a product of peak globalization, is giving way to a model centered on storage, redundancy, hoarding, and security of supply. Commodities are no longer treated as flow inputs alone; they are increasingly treated as strategic assets."
https://vblgoldfix.substack.com/p/outlook-2026-gold-and-commodities?utm_source=post-email-title&publication_id=456345&post_id=182241138&utm_campaign=email-post-title&isFreemail=false&r=12mk3u&triedRedirect=true&utm_medium=email