The commodities-to-equities ratio recently hit a 50-year low. In the past, when this ratio reached such levels, commodity supercycles began.
What happens to the price of gold during recessions?
The start of 2022 has seen commodities surge with crude oil, gold, and grains acting as the new stores of value.
Gold's price has historically rallied after interest rate hikes, but will history repeat itself in upcoming tightening cycles?