In 5 years:
If equities are in a bear market
and
Bonds are in a bear market
and
Cash is no longer king
I wonder if people will start valuing "real stuff" more than "paper stuff"?
We are about to find out together :)
I bought into BCI this year as an inflation hedge and a play on the potential start of a long-term commodities upswing. However, I am generally skeptical of the asset class overall simply because commodities tend to have prolonged down cycles where they drag down the rest of the portfolio and since I think the global trend toward automation is ultimately...