Why Don't You Invest in Commodities like Gold Silver Uranium? (Patreon)
Content
TLDR: PAST PERFORMANCE IS NO PREDICTOR - But a good signal nonetheless. We are going into a hard asset decade but manipulation will continue.
Over the past two years, I have been frequently asked why I exclusively invest in crypto and tech, especially given CTO Larsson's recent foray into uranium ETFs and miners. The reason is clearly illustrated in this chart above.
WHY COMMODITIES ARE NEGATIVE LAST 12 YEARS?
Commodity markets are heavily manipulated, and manipulation is driven by profit, control by big players eg JPM, speculation, and hedging. These motives can lead traders, companies, speculators, and hedgers to artificially manipulate prices, creating volatility and risks for the market. Hence Gold and silver are pretty much flat for 12 years - when you take away real purchasing power then have fallen by 40%.
So from all the asset classes above, Commodities are the worst performers with a NEGATIVE 1% return. Meanwhile BTC and Tech stocks crush the rest.