Dear Investor,

Do you have a big-picture market outlook?

If you can’t define – or even worse – don’t have …

Fortune asks – is it too late to invest in commodities? We’ve touched on this theme many times in the blog [Mar 22: Alert - Commodities are Dead] and my thesis is we’ll have a long term upward move as too many humans want to live like Americans (”World of Shortages”), but it will be punctuated by moves (sometimes viciously) downward from time to time due to various factors. The most common one over the past year is the “strong dollar” myth. Another could be “China will implode post Olympics” or “crude is heading back to $60″ or any number of reasons. Most of it is nonsense; unless the globe goes back to 90% of people living in abject poverty we are headed down this path, one way or the other. And Americans, ill prepared and still in denial, will be competing with …

Nearly every natural resource under the sun is about to enter the second, most powerful phase of their bull markets, eventually reaching dizzying heights that make today’s record prices seem tame by comparison.

Almost everyone would scoff if I gave you my peak projections for copper, uranium, corn, wheat, and each of the other commodities I follow. They’d probably lock me up in Bellevue!

But then again, that’s what the so-called experts said of me six years ago, when I proclaimed gold would surpass $1,000 an ounce and oil would easily climb to over $100 a barrel.

Maybe now they’re listening!

Bottom line: As for the natural resource bull markets, “You ain’t seen nothing yet!”

All told, I see five persistent, strengthening forces that explain …