Commodities may not stay cheap forever

Financial Times/Rana Foroohar/1-13-2020

graphic image of an arrow of circles signifying cycles“[O]ne thing has remained reliably cheap — commodities. While the US equity market, which keeps ratcheting up to new highs, is almost as expensive as in the past 150 years, commodities are about as cheap relative to stocks as they’ve been in the past century.”

USAGOLD note:  There is nothing to prevent the rolling bubble from rolling into commodities one day – and it will likely come when least expected.  Everything cycles. . . . .

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