Marko Papic is bullish on commodities and emerging markets

Commodity producers are cheap, their currencies are cheap, their balance of payments are in surplus...  Last year, do you know what they were doing?  They were jacking up rates!  (other than Turkey)  They were jacking up rates, doing exactly what we taught them to do through IMF and World Bank programs while America was basically printing like the most populist regimes in the world.  So emerging markets took the pain last year, they took the hit of tight monetary policy, they're cheap, their current accounts are in surplus and commodities have risen massively.  Karl Marx could rise from the grave and run Brazil and I'd still buy it!

~ Marko Papic, "Geopolitical Expert Marko Papic on Ukraine, Commodities, and Ignoring the Media Noise," Stansberry Investor Hour, 28:00 mark, January 27, 2022