There's a contrarian setup quietly building in commodity markets, and most investors are missing it entirely. According to VanEck, commodities relative to U.S. equities are trading near valuation extremes not seen since the 1970s. The kicker: institutional allocation to real assets is near historic lows.
Commodities Are Dirt Cheap — And Almost Nobody Is Positioned For What Comes Next
Commodities are trading near their cheapest levels versus U.S. stocks since the 1970s, and institutional ownership is minimal — a setup that has historically preceded major outperformance. Here's why that matters for precious metals investors right now.
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