You Can Buy This Asset Class at 1990 Prices

One asset class peaked a decade ago – back in 2008...

It then fell roughly 80% to its bottom in 2016. Prices have recovered slightly since then. But we're still seeing something incredibly rare...

As I explained yesterday in DailyWealth, commodities trade for the same prices they did in 1990. That's nearly three decades with no return.

This is actually crazy when you think about it. The global bull market has propelled just about everything higher in recent years...

Stocks have soared around the globe. The U.S., Europe, emerging markets... all are dramatically higher than they were a few years ago.

Bonds tell the same story. Interest rates are near all-time lows. And that means bond prices are high, too. (These move opposite each other... So lower interest rates mean higher bond prices.)

Commodities are the only asset class that's lagged. As the global universe of investments moved higher, commodities were left behind.

Importantly, this is setting up a huge opportunity for investors like us today...

The S&P GSCI Commodity Total Return Index fell more than 80% from its peak in 2008. And that decadelong bear market has had a shocking result.

This benchmark index for commodity prices now trades at 1990 prices. Take a look...

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Nearly three decades, with nothing to show for it.

It's hard to believe, but it's true. Despite rallying since early 2016, commodities still trade at 1990 prices.

This sets up a simple question...

After 28 years, what's a better bet today... stocks or commodities? Which has a better chance of leading to outsized returns?

You probably know the answer...

Take a look at the chart below. It shows the returns of commodities versus the S&P 500 since 1990. Which one looks like the better starting point to you?

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Stocks jumped 10% per year for nearly three decades. That gives us a total return of more than 1,400%. The bull market in stocks since 2009 has been one of the biggest drivers.

I strongly believe big gains are still ahead in stocks as the last leg of the "Melt Up" continues. But after nine years, doesn't it seem smart to get some money outside of the stock market?

I think it does. It's obvious.

That's why I'm hosting a live event this Thursday at 8 p.m. Eastern time to discuss this opportunity. It's called the 2018 Commodity Investing Summit. And you don't want to miss it.

I'll discuss everything I see going on in the commodity markets... including why we have a rare, once-in-a-decade chance to invest right now.

You see, despite what most folks believe, the next commodity bull market is likely already underway.

Commodities have been in a solid uptrend since early 2016. But more importantly, the biggest gains are certainly still ahead of us.

I say this because commodities have a history of massive, triple-digit booms and busts. I'll share some of those details tomorrow in DailyWealth.

For now, it's fantastic to have this rare opportunity in front of us. This is big and exciting.

I've found plenty of ways to profit from it... And in fact, I'll be sharing one of those ideas live on air Thursday night.

Again, you don't want to miss it.

Good investing,

Steve

P.S. That's right... I'll be giving away the name and ticker symbol of one of my favorite commodity investments on Thursday, June 21. The event is free to attend, and you'll get valuable insights into what's going on with this new bull market. You can sign up to catch the 2018 Commodity Investing Summit for free, right here.

Further Reading

Yesterday, Steve shared the big news about the commodities market. "It'll likely be one of the best money-making opportunities I see in my career," he says. Read more here: The Next Big Bull Market in America.

"One 'left for dead' asset class is quietly moving higher again," Justin Brill writes. Learn more about how the commodities market has been picking up steam right here: This Notoriously Cyclical Sector Is Starting to Boom.

Market Notes
THIS BUSINESS COLLECTS ON THE WEBSITE CRAZE

Today, we look at a leading Internet “toll-booth operator”…

These days, just about every business needs a website… It’s like a “toll booth” every company needs to pass through. Meanwhile, the folks who run the toll booth – companies like domain-name provider GoDaddy (GDDY) – get to collect the cash. Today, we see this model playing out with another tech leader…

We’re talking about Verisign (VRSN). This $18 billion company holds a valuable asset: It owns the exclusive rights to “.com” and “.net.” So, whenever someone wants to register a website that ends in “.com” or “.net,” Verisign gets paid. These domains are still in high demand… The company just reported first-quarter sales of $299 million, up nearly 4% from the same quarter in 2017.

As you can see below, Verisign continues to soar… Shares just hit a new multiyear high. Our colleague Ben Morris recommended the company in the March 2, 2017 issue of DailyWealth Trader. Readers who followed his advice are up more than 70% so far. Congrats to Ben and his team on another great call!

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