Gold is well on its way to $ $1300 an ounce. It may take some backing and filling, but demand is strong and steady even at these prices. See my article on September 2 which talked about the divergence between gold and regular stocks.
I put my money where my mouth is and bought DBA, the agricultural commodity ETF which trades on the NYSE. The index is composed of futures contracts on some of the most liquid and widely traded agricultural commodities such as corn, wheat, soy beans and sugar. I feel there is still some value left in these relative to the rest of the market [...]
Something significant is happening today, namely gold and silver mining stocks are diverging away from the rest of the market. In fact, mining stocks are up as of this writing around 5-6% ON AVERAGE! today while the rest of the market is flat to negative. This divergence means that something important is in the offing. [...]
OK…so know to the good stuff. As mentioned, commodities can be tracked by buying ETFs (exchange traded funds) that specialize in agricultural commodities. The most widely utilized and widely traded of these DBA which trades just like any stock and with same commissions. Its an index composed of futures contracts on some of the most liquid and widely traded agricultural commodities [...]
If you are looking to invest, that is, trade but on a longer time horizon, you need look no farther than China and commodities, specifically, agricultural commodities. But before you read this first of two articles, PLEASE REGISTER YOURSELF so we can keep track of how many are browsing. No spam, I promise.
Let’s break this [...]
