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  • Gold and Oil: A Long Term Play on the Economy
    Gold Barron,

    That's a very interesting oil price history which I've not seen that far back before. When February NYMEX NY Harbor crude oil futures got as low as $36.15 per bbl recently and the NY cash was at $32.15 on December 24th and 26th it was virtually on your post-1970 average world price. Since then the NY cash price bounced as high at $48.81 earlier this week . With your data it's easier to consider the possibility that the long term average price is good support for the time being.

    screencast.com/t/rUcJi...
    Jan 07 19:26 pm |Rating: 0 0 |Link to Comment |View article
  • Gold and Oil: A Long Term Play on the Economy
    Thanks for your calm and well-reasoned long term view which I share.
    Jan 07 15:41 pm |Rating: 0 0 |Link to Comment |View article
  • Gaza War: Expect a Spike in Oil, Gold
    Gaza is irrelevant.... It's just another third world street gang trying to up the ante and losing. It's possible the producers are using it as an excuse to try a short squeeze in crude oil futures, but as an event it's meaningless.
    Jan 04 22:37 pm |Rating: +2 -2 |Link to Comment |View article
  • Oil, Gold and the Holy Dow
    i've owned gold a long, long time, but i sure don't understand the goldbug holy roller religion of CB manipulation and other assorted conspiracy theories.

    hey, girls, it's just portfolio insurance! add gold to your list of insurance policies a rational person needs and forget about it.
    Jul 11 16:00 pm |Rating: 0 0 |Link to Comment |View article
  • 17 Commodity ETFs to Hedge Your Portfolio
    it's an equally-weighted index so it isn't as volatile as the GoldiSax Index which is well over 50% crude oil. So it may not be the best choice for short term trading, but it's super for long term diversification of a total portfolio. i'm using it as an inflation hedge in an income portfolio.

    another similar one is PIMCO's PCRDX or PCRIX which uses a DJ-AIG indexed note over a TIPS base. It pays about 4% on the TIPS, so it works well in a tax-deferrred IRA or similar account as a double barreled inflation hedge.
    May 29 12:00 pm |Rating: 0 0 |Link to Comment |View article
  • 17 Commodity ETFs to Hedge Your Portfolio
    Also there is old CEF from Canada, also traded in the US. It is equally-weighted in gold and silver and has been around since the 1980's.
    May 29 10:13 am |Rating: 0 0 |Link to Comment |View article
  • 17 Commodity ETFs to Hedge Your Portfolio
    The best commodity index ETF is GCC. It is the old CRB Index with 17 equally-weighted commodities, essentially all US-traded commodity futures except no oats, no soybean meal or bean oil, and no meats. Being equally-weighted, the ride is smoother. And when coffee and cocoa make their runs, you're there too.

    Plus you get the very favororable taxation afforded to futures as opposed to ETN's and to collectibles like the silver and gold funds. (Many of DB's funds are also futures based.)

    I own GCC.

    I own GCC.

    May 29 10:07 am |Rating: 0 0 |Link to Comment |View article
  • Too Much Money Chasing Too Few Commodities
    This inflation was all predictable and predicted in the late 1990's when all the "smart people" were deflationists. Greenspan and Bernanke didn't create inflation. Falling supply (due to twenty years of underinvestment) and mariginal growing demand from newly developing countries created inflation....as was true after 1949 and after 1896. It's a simple cycle.

    The FED is making it more certain and perhaps speeding inflation up a bit, but they are really powerless to make a lot of difference in the long run. As inverstors our job is to make money for ourselves and families (clients?) to try to stay ahead of inflation and taxes. It's harder now than when bonds are going up year after year and stocks too, but it can be done.

    If you are in commodities and gold and infrastructure (shipping) you should be proud, not feeling guilty. You are following the market instead of fighting it. You are a hero to those you are responsible for now or in the future, and you are paying taxes which may help others. You'll be paying a lot more taxes by 2010. :))
    Feb 27 14:01 pm |Rating: 0 0 |Link to Comment |View article
  • Too Much Money Chasing Too Few Commodities
    This inflation was all predictable and predicted in the late 1990's when all the "smart people" were deflationists. Greenspan and Bernanke didn't create inflation. Falling supply (due to twenty years of underinvestment) and mariginal growing demand from newly developing countries created inflation....as was true after 1949 and after 1896. It's a simple cycle.

    The FED is making it more certain and perhaps speeding inflation up a bit, but they are really powerless to make a lot of difference in the long run. As inverstors our job is to make money for ourselves and families (clients?) to try to stay ahead of inflation and taxes. It's harder now than when bonds are going up year after year and stocks too, but it can be done.

    If you are in commodities and gold and infrastructure (shipping) you should be proud, not feeling guilty. You are following the market instead of fighting it. You are a hero to those you are responsible for now or in the future, and you are paying taxes which may help others. You'll be paying a lot more taxes by 2010. :))
    Feb 27 13:59 pm |Rating: 0 0 |Link to Comment |View article
  • Too Much Money Chasing Too Few Commodities
    This inflation was all predictable and predicted in the late 1990's when all the "smart people" were deflationists. Greenspan and Bernanke didn't create inflation. Falling supply (due to twenty years of underinvestment) and mariginal growing demand from newly developing countries created inflation....as was true after 1949 and after 1896. It's a simple cycle.

    The FED is making it more certain and perhaps speeding inflation up a bit, but they are really powerless to make a lot of difference in the long run. As inverstors our job is to make money for ourselves and families (clients?) to try to stay ahead of inflation and taxes. It's harder now than when bonds are going up year after year and stocks too, but it can be done.

    If you are in commodities and gold and infrastructure (shipping) you should be proud, not feeling guilty. You are following the market instead of fighting it. You are a hero to those you are responsible for now or in the future, and you are paying taxes which may help others. You'll be paying a lot more taxes by 2010. :))
    Feb 27 13:55 pm |Rating: 0 0 |Link to Comment |View article

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