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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (87045)7/1/2007 6:25:08 PM
From: Tommaso  Read Replies (2) of 206209
 
DBA goes right straight to corn, wheat, soybeans and sugar.

For some reason, Merrill Lynch will not allow clients to buy DBA (according to Tom Pope). I wonder if that has to do with their decision some years ago to get entirely out of futures.

If anyone can figure out what could go wrong with DBA, other than a severe decline in prices for those commodities, I wish that person would tell me. I have very large positions in DBA.

Indirect investment in agriculture via fertilizer, farm equipment, etc., might work out, but such companies are always subject to competition. Large supplies of stranded natural gas could be converted to fertilizer in many remote locations, and China and India could manufacture their own equipment. I prefer as direct an investment as possible in the actual foodstuffs.
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