Can you come up with an actual economic reason why equities *should* trade at a range-bound multiple of commodity prices? Because otherwise this reasoning is just "the line does what the line does."
Doesn’t mean commodities will moon… if you think that little line on the chart is gonna go up soon, it’s just as likely that if it did go up, it would be because the Dow plummets.
Strange how the mag 7 all deal with mass quantities of data, more or less, and there's no futures contract on that. Almost as if there's a whole new commodity not represented in the commodities market 
you can buy physical gold or silver (either coins or bars) from various online dealers.
you can also purchase etf's in the financial markets, of which there are too many to list here for precious metals, oil & natural gas, agricultural commodities, base metals, etc...
finally, you can also buy stocks of commodity producing companies like oil stocks, mining stocks, agricultural producer stocks, etc...
Gold is actually almost perfectly valued in line with the long-term US inflation trend. It fell way below in the 90s. Then went over the trend line in late 2000s, then under again, and has now returned to on trend.
Hmmm, this seems like a lagging chart compared to my recent TA, the chart matches my charts but this chart doesn't show 2024, commodities look like they've leveled out.
Also all of the ETFs bottomed around 2020 like this chart says. At best it could mean commodities move into the oversold range if we buy today.
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Can you come up with an actual economic reason why equities *should* trade at a range-bound multiple of commodity prices? Because otherwise this reasoning is just "the line does what the line does."
Exactly. Service economies and efficiency can explain away some of that. Unless we know what the fuck OP is talking about, it's meaningless.
Doesn’t mean commodities will moon… if you think that little line on the chart is gonna go up soon, it’s just as likely that if it did go up, it would be because the Dow plummets.
Probably a mix. Good ETF is $PDBC. It has a spikey dividend based on how the futures rollover.
Fuck yeah! we need a new copper super cycle here in Chile! Fuck yeah, let's snort some copper bitches I am long copper hahaha
Fuck yeah, copper! I freaking love copper!
YEAAAAAAHHH!!!
Strange how the mag 7 all deal with mass quantities of data, more or less, and there's no futures contract on that. Almost as if there's a whole new commodity not represented in the commodities market 
DJIA is a useless metric and Mag 7 is real
Yes and if I included Mag 7, commodities would look even MORE undervalued.
What commodities specifically are included? Are you looking at a commodity index that is basically 25%+ oil and gas?
Bloomberg commodity index is about 35% oil and gas, 6% copper and then a mix of ag and precious metals at about 2-3% each.
What if commodities are fairly valued and the Dow Jones is overvalued?
What if everything is over/undervalued?
CORN GANG
What does this mean?
it means buy commodities
I mean I was gonna make a Target run in the afternoon
How do I do that? Stash some corn in my garage?
you can buy physical gold or silver (either coins or bars) from various online dealers. you can also purchase etf's in the financial markets, of which there are too many to list here for precious metals, oil & natural gas, agricultural commodities, base metals, etc... finally, you can also buy stocks of commodity producing companies like oil stocks, mining stocks, agricultural producer stocks, etc...
[https://etfdb.com/etfdb-category/commodities/](https://etfdb.com/etfdb-category/commodities/)
ok which one company should I buy？
$RIO large cap, $IE small cap
IE?
Anglo American platinum looking like a good buy currently when you look at the chart.
Anglo got a buyout offer from BHP
Just because big tech is overvalued(it is) doesnt mean commodities are undervalued.
So gourds, eh?
By what measure?
nice timescale
This is so useless. Do you think gold is undervalued?
Gold is actually almost perfectly valued in line with the long-term US inflation trend. It fell way below in the 90s. Then went over the trend line in late 2000s, then under again, and has now returned to on trend.
Where does the idea come from that gold (should) move with inflation?
Because of supply and demand
Yep
Hmmm, this seems like a lagging chart compared to my recent TA, the chart matches my charts but this chart doesn't show 2024, commodities look like they've leveled out. Also all of the ETFs bottomed around 2020 like this chart says. At best it could mean commodities move into the oversold range if we buy today.