A supply crunch is coming and this will cause commodities to skyrocket in 2020, this according to Frank Holmes, CEO of U.S. Global Investors.
“This theme of ESG, environmental, social governance, is driving everything and it’s going to harm exploration. We’re going to see a supply-side restriction but people are going to have babies and the world is going to chug along and grow, but the commodities aren’t going to be there,” Holmes said, adding that a huge price rally would follow.
