History tells us commodities are extremely undervalued right now.
Keep in mind that this projection doesn’t take the impact of Russian sanctions into consideration!
– Equities / Commodities – 1970-2018 https://sprott.com/insights/gold-is-rarely-this-cheap/
– Where we are right now – https://www.tradingview.com/x/8OWlsplx/
From the Sprott link, 2018:
“We are now 10 14 years into the current economic recovery that has followed the 2008 global financial crisis. Historically, equities tend to outperform during the early stages of a recovery, while commodities tend to take the lead when the economy is overheating and inflationary pressures are rising. Are we there yet?
..This may translate into a significant investment opportunity in commodities given reversion to the mean.“
Cheers!
