Back on July 5, 2016, NIA sent out an alert entitled, 'Must Read NIA Report: Assets Priced in Gold'. NIA explained, "On August 29, 2015, NIA released its first ever Assets Priced in Gold Report and ranked sugar as the world's #1 most undervalued asset. Since then, sugar has been the world's #1 largest gaining commodity rising 89.43%. On January 10, 2016, NIA released its second ever Assets Priced in Gold Report and ranked WTI crude oil as the world's #1 most undervalued asset. Since then, WTI crude oil has been the world's #1 largest gaining commodity rising 49%."
In NIA's third Assets Priced in Gold Report released on July 5, 2016, NIA explained, "The Oats/Gold Ratio is near a record low at 0.15 vs. the long-term median of 0.45. The Wheat/Gold Ratio is at a new all-time low of 0.31 vs. the long-term median of 1.02."
Although wheat was fundamentally the most undervalued commodity, NIA performed technical analysis on wheat vs. oats and explained, "In 2008, both oats and wheat hit new all-time nominal highs. Although oats would surpass its 2008 high and reach a new record nominal high in 2014, nominal wheat prices since 2008 have been in a major downtrend. Look for oats to outperform wheat and become the #1 best performing asset."
NIA was right! From July 5, 2016 through today, oats futures have gained by 282.75% to become the world's #1 largest gaining commodity after recently surpassing the gains of palladium! Oats futures have also outperformed every major stock market index!