Home Business Bank sees potential for one metal to rally over 100% next year

Bank sees potential for one metal to rally over 100% next year

Traders work the floor of the New York Stock Exchange.

NYSE

The head of commodity strategy at Saxo Bank said there’s one commodity that could hit an all-time high next year, potentially rallying more than 100% from current levels.

In a report published on Dec. 8 entitled “Outrageous Predictions,” the Danish bank outlined 10 “outlandish forecasts” for next year, although it stressed these were not its official views.