As an American investor, I believe US listed commodity-based stocks are generally undervalued across the board because of the tech/pharma/cannabis/meme/etc. stock bubble that hasn't popped yet. The US markets are currently on the tail end of a deflationary cycle per chart/link below, which coincides with a bull run in equities. I believe new regulatory urgency, supply/demand imbalances, and geopolitical stress (all forces in play now) will usher in a new inflationary cycle soon where commodities will be king once again.
We're just getting started, folks. Patience pays. IMO, DYOR, GLTAH...
https://www.longtermtrends.net/stocks-commodities-ratio/
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Ann: DRILLHOLE CONFIRMS BROAD GOLD MINERALISATION AT KEBIGADA, page-17
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