Why Commodities Could Absolutely Soar in the Next Decade

Source: American Consequences
by Dan Ferris

“Stocks have been the best way for most folks to build real wealth with their savings over the long term. Since the day before I was born, the S&P 500 has risen annually by an average of 7.2%. It doesn’t sound like much, but it’s a great return if you can keep it up for 60 years. Every $10,000 invested 60 years ago is worth about $640,000 today. … equities are near all-time-high valuations today, and anybody who has held them for decades knows they’ve been a tremendous long-term investment. Today, though, I want to focus on something else — and get a sense of where the broader world of commodities stands. In short, while this is a volatile asset class, we could be on the verge of a new market cycle. Let’s start with a look at the S&P GSCI commodity index from 1971 to the present.” (01/03/22)