Jeff Currie: The commodity bull market enters a new phase
2026-08-21 07:27:02
According to CoinMeta, Jeff Currie indicates that the commodity bull market is entering the next phase, with the increase in commodity prices becoming increasingly difficult to ignore. The diesel cracking spread has exceeded $100, the London copper price has surpassed $14,000 per ton, and gold and silver have seen accelerated gains under the intervention of the U.S. financial market, with the Bloomberg Agriculture Spot Index also soaring. Meanwhile, the dollar has weakened significantly following the intervention of Treasury Secretary Scott Bessent this week, providing additional support for the commodity market. Currie points out that the combination of a tight physical market, currency devaluation, and policy intervention marks the characteristics of a structural commodity bull market.
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Source:Internet
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