Registered User
Joined: 4/18/2005
Posts: 4,090
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Registered User
Joined: 4/18/2005
Posts: 4,090
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ooops! what happened?
Are there any ETF's that track specific comodities... which might allow a comodity play with out having to trade the actual futures?
I saw some that track "comodities" but nothing like "Proshares Coffee tracking ETF" or " I shares coacoa what ever" I did see some that were for gold and silver and what not.. but I'm not certain if these are designed to move similar to the Futures contracts or they are some other beast altogeather.?
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Registered User
Joined: 3/14/2005
Posts: 64
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deutche banks got a good collectio of them, the symbols start with d or db, dba, dup, ddn etc
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Registered User
Joined: 10/7/2004
Posts: 264
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The ones that I have been looking at:
DBA tracks Ags.
GLD tracks gold
SLV tracks silver
USO tracks oil
Good luck.
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Registered User
Joined: 4/18/2005
Posts: 4,090
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Thanks.
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Registered User
Joined: 3/24/2006
Posts: 72
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Here's a tip from the watercooler: PHO (water ETF).
Do a bit of reading; I think you'll find its midterm and long-term prospects to be particularly attractive.
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Registered User
Joined: 3/14/2005
Posts: 64
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Powershares Db if you alpha index the etfs. I agree on the PHO for water. VE also
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Another idea is to watch the countries that supply
commodities. That way you get a commodity
kick and a dollar kick.
Some that I would keep an eye on are:
EWZ
ILF
GEX
GML
EWA
EWC
GSG
GLD
IAU
SLV
IGE
Thanks
diceman
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Registered User
Joined: 4/18/2005
Posts: 4,090
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Diceman:
what do you think of the idea that gold is climbing so much lately? I'm not certain exactly what bonds are doing but I found an index listed in the TC indexes (forget the ticker) bot it was labeled "bond tracking" something. Anyway It was up also. I've heard that Gold up and bonds up is bearish... BUT it looks to me that the economic growth (and possibly the presidential cycle) we've seen and that were reported is a nice bullish foundation for more up side.
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Registered User
Joined: 1/28/2005
Posts: 6,049
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"what do you think of the idea that gold is climbing so much lately?"
----------------------------------------------------------
There are a lot of explanations. (at least that is what
we are told)
The commodity is actually in demand.
Dollar hedge.
Inflation hedge.
Fear hedge.
If you saw my post about the Wall Street Waltz.
Long-term Gold has been a poor inflation hedge.
(stocks have done much better)
Over the 200 years from 1780 to 1983 gold
only appreciated 1.58 percent per year.
The returns were concentrated over very short
periods of time. (the 3 bull markets in gold
lasted about 3.7 years on average) So the
second draw back is over the 200 year timeframe.
You had about 190 years of waiting.
So the story on gold seems to be. you gotta get
while the getting is good.
This is just my opinion but I also think the "appearance"
of these great bull markets in gold and oil. Have a lot
to do with that fact that they performed poorly for
a long-time prior to this.
(kinda reminds me of AAPL it was basically at the
same price level in 1987 and 2003 before they
finally got their act together and started the big
run-up)
Thanks
diceman
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