In every other asset class, money almost always flows IN when prices are going up.
So why were investors heading for the doors when GDX was having its best year in two decades?
The answer tells you everything you need to know about how trading commodity cycles the wrong way.
Today at 2pm ET, I'm going to explain the right way to trade commodities in 2026 for 3x, 5x, even 10x gains…
And why there's never been a better time than right now to start investing in commodity stocks.
Here's why…
For the first time in history, retail investors have access to the right financial products to profit from a commodity supercycle…
But most still don't know how to use them.
That's not because they're stupid…
It's because Wall Street doesn't bother launching new financial products until the commodity cycle is years in the making.
Back in the 1970's, if you wanted to trade gold and oil, there were no ETFs you could buy commission free from your phone.
The only way to play was in the futures market.
It wasn't built for everyday investors. It was built for professionals.
So when gold ran from $35 to $850 in the 1970s — a 2,300% gain in under a decade…
Most retail investors watched it happen from the sidelines.
By the time China ignited the second major supercycle in 2001 - 2011…
Gold was sitting at a low of $256.
When the gold ETF (GLD) launched in November 2004…
Gold had already climbed to $440 an ounce — a 70% move off the lows.
If you had bought GLD on day one, you still could have ridden it from $440 all the way to $1,900 before it peaked in 2011.
But what about the next moves in the cycle?
- Silver went from $4.88 to $49.21 — up 908%.
- Copper moved from $0.77 to $4.58 — a 495% gain.
- Oil surged from $31 to $147 at its peak — up 374%.
And retail investors had no easy vehicle for any of it until years into the move.
The silver etf (SLV), gold miners ETF (GDX), and oil ETF (USO) didn't launch until 2006.
By then, gold miners had already run 8x before Wall Street gave you a vehicle to own them…
Silver had already doubled…
And oil was up 160%.
By the time the first agriculture ETF (DBA) launched in 2007, most of that move was already gone…
We didn't get the silver miner (SIL) or copper miner ETFs (COPX) until 2010…
Just in time for the entire commodity complex to crash in 2011.
If you were an institutional investor, you got to ride the Commodity Supercycle from the beginning.
Retail investors were the exit strategy.
When the most recent cycle started in the 2020's, we finally had products to trade.
In June 2024, we finally got the first physical copper ETF, the Sprott Physical Copper Trust (SPHCF)...
And another nine new metal and mining ETFs launched in 2025.
There's no shortage of products for getting exposure to the first parts of the commodity cycle…
But what happens when we move from gold, silver, copper and oil…
Into agriculture, base metals, and critical minerals?
The total agriculture ETF market is $1 billion.
Precious metals ETFs? $384 billion.
Which means we're back to the same problem retail investors have always had with commodity supercycles.
The move starts before the packaging exists.
And by the time Wall Street builds the products, most of the gains are gone.
Except this time, there's one thing that's different…
You don't need to wait for Wall Street to package you a product to profit from this Commodity Supercycle.
All you need to do is follow the money into the next logical stocks.
Today at 2pm ET, I'm going to show you exactly where the money is moving next…
And how you can "copy and paste" my best trade ideas this year.
Click here to register for the call.
The next sectors in the rotation are already setting up…
And any day now we could get the signal to start buying.
By the time you see it on the news, it's already too late.
So if you want to get in before you miss out…
Join me today at 2pm ET for this special investor briefing.
Click here to save your spot.
– Jason Perz
