@kytphine:'Clash coming': Worst-case scenario for gold in this supercycle is to double, Wells Fargo is watching $3,000 Despite a looming recession, commodities are in a supercycle, and gold stands to outperform, according to Wells Fargo. The worst-case scenario for the precious metal is double in price. The commodity supercycle kicked off in March 2020 and has at least six more years to go, John LaForge, the head of real asset strategy for Wells Fargo, told Kitco News. "Commodities are in a supercycle. We're structurally undersupplied across the commodity complex," LaForge said. "The shortest supercycle on record is nine years. We are only in year three. We have at least another six years to go." The last bear market was between 2011 and 2020. "The bottom was in 2015 at around $1,000 an ounce," he s