Editor's note: Steve Sjuggerud has made some major market calls over the years...

Like telling readers to buy stocks in 2009... real estate in 2011... and Chinese stocks in 2016.

But his latest call could be his biggest yet.

This weekend's Masters Series is excerpted from a brand-new special report Steve just put together. In today's installment, you'll learn about an asset that you can buy at 1990s prices... and why the coming boom could ultimately generate 1,000% gains...

The Next Great Bull Market Starts Now

By Steve Sjuggerud

1,250%.

That's roughly how much the benchmark S&P 500 Index increased from 1990 to today (including dividends).

$100,000.

That was the median price of a new house in 1990.

The median price of a new home today is more than $300,000.

$7,000 a share.

That was the price of Berkshire Hathaway (BRK-A) in 1990.

Today, a single share goes for nearly $300,000.

Prices are up, up, up – in nearly every asset class.

Is it even possible to find an asset class that hasn't soared since 1990?

It is possible...

There is one asset class that you can buy at 1990 prices. And if you're reading this essay, you may already know what it is...

Right now, we have an incredible opportunity. We have the ability to buy a broad basket of commodities... at 1990 prices.

This is big, my friend. It'll likely be one of the best money-making opportunities I see in my career. That's because when commodities boom, savvy investors have a chance to make massive returns.

I'm not talking about double-digit profits. I'm not even talking about doubling your money. It's much bigger than that...

Getting into the right investments during a commodity boom can mean 500% gains. Heck, even quadruple-digit profits are possible if things go right.

Now, I can't promise you 1,000% gains, starting now. But I can tell you that the pieces are in place for the next great commodity boom. And our plan is to position ourselves as best we can to profit from it.

Importantly, opportunities like this don't come around often. It will happen once, maybe twice a decade at best.

We can't squander this rare chance... Because it's hard to predict when we'll get another opportunity like it. We need to understand what's happening... and take advantage of it.

That's why my team and I worked around the clock to launch a brand-new product.

We've devoted ourselves to finding the best ways to profit in the next commodity boom.

Based on our research – the research we'll share below – we believe the next great commodity boom is already underway. And it's all happening thanks to a brutal, decade-long bear market.

Again, this is big. We can't miss it. But first, we need to cover a few things...

The Major Bear Market That Set up Today's Incredible Opportunity

Commodities peaked a decade ago – back in 2008...

They then fell roughly 80% to their bottom in 2016. Prices have somewhat recovered since then. But we're still seeing something incredibly rare...

Today, commodities trade for the same prices they did in 1990. That's nearly three decades with no return...

This is actually a bit crazy when you think about it. The global bull market has propelled just about everything higher in recent years.

Stocks have soared around the globe. The U.S., Europe, emerging markets... all are dramatically higher than they were a few years ago.

Bonds tell the same story. Interest rates are near all-time lows. And that means bond prices are high, too. (These move opposite to each other. So lower interest rates mean higher bond prices.)

Commodities are the only thing that's lagged. As the global universe of investments moved higher, commodities were left behind...

The S&P GSCI Commodity Total Return Index fell more than 80% from its peak in 2008. And that decade-long bear market has had an unbelievable result. This benchmark index for commodity prices now trades at 1990 prices. Take a look...

Nearly three decades with nothing to show. The index actually lost value over this period.

It's hard to believe, but it's true. Despite rallying since early 2016, commodities still trade at 1990 prices.

This sets up a simple question and a huge opportunity...

After 28 years, what's a better bet today... stocks or commodities? Which has a better chance of leading to outsized returns?

The chart below might make the obvious a bit more obvious. It's the returns of the S&P GSCI Commodity Index and the S&P 500 since 1990...

Stocks jumped 10% per year for nearly three decades. That gives us a total return of more than 1,200%.

The bull market in stocks since 2009 has been a major factor in these returns. After nine years, doesn't it seem smart to get some money outside of the stock market?

I think it does. That's part of the reason why we've worked to launch this product. But just because commodities have gone nowhere since 1990 doesn't mean they have to soar now.

It does, however, set up a fantastic opportunity. And despite what most folks believe, the next commodity bull market is likely already underway.

I know most investors don't want to believe that. They haven't been paying attention, but it's true.

Commodities have been in a solid bull market since early 2016. But more important, the biggest gains are certainly still ahead of us.

You don't have to take my work for it, either. Again, most folks haven't paid attention... But commodities prices have been trending higher for over two years. Take a look...

Commodities bottomed in early 2016. They bounced a bit from there and then nearly bottomed again in mid-2017.

Since then, prices have moved higher. And I believe this is just the beginning...

You see, commodities are fantastically cyclical. They boom... And they bust. These cycles tend to take years to play out.

From 2008 to 2016, commodities were in a clear bear market. That's nearly a decade-long bust. And based on history, that's the kind of bust that sets up a major, multiyear boom.

We've seen this play out over and over again, decade after decade, in the commodity markets. We've seen four major commodity bull markets since the 1970s.

The next boom is likely underway... And it could be as big as anything we've seen in recent decades.

Good investing,

Steve Sjuggerud

Editor's note: On Thursday night at 8 p.m. Eastern time, Steve is hosting a live 2018 Commodity Investing Summit. There, he'll explain everything you need to know to make huge gains in this bull market... And he'll even reveal the name and ticker symbol of one of his favorite commodity investments today. This event is completely free to attend. And if Steve is right, it could be one of the most profitable decisions you make all year. Click here to save your seat.