Now is the time for commodity investment.

In 1998 Merrill Lynch closed their commodity business since it was not making any money. The following decade commodities soared 100% of percent.

Today Goldman Sachs is closing their commodity business and therefore it is time to get positioned for a repeat.

A great way to play the coming commodity rally is by buying royalty companies. The best in the business is Royal Gold (RGLD).

Royal Gold is a great business because they finance other people's mines with an agreement to receive a percentage of production for the life of the mine. This gives the company exposure to rising commodity prices without all the extra mining risks associated with a traditional commodity company.

Start adding exposure to commodities today, your future self will thank you.

Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.