Since the post-pandemic lows in April 2020, the Goldman Sachs Commodity Index (GSG), a popular index used to track commodity prices, has risen approximately 250%. At the same time, globally, we are experiencing an inflationary environment with rising prices for food, energy, housing, clothing, etc.
These high prices are weather issues impacting crops, high energy prices, rising labor costs, a strong US Dollar, global post-pandemic recoveries, excessive cash in the monetary system from the pandemic era, strong housing market demand, and a few government regulations.
