SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Farming
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gcrispin who wrote (566)3/16/2008 7:43:31 PM
From: Elroy Jetson  Read Replies (1) of 4450
 
Yes, grain prices have tripled while costs have risen only modestly. Fast typing without reading what I wrote.

The point with DBA is even if wheat prices rise to new heights, DBA shares will no longer being rising in price as fast as they were. Ahead lies greater risks.

Until recently DBA was part Ponzi scheme. Their share price was rising because they were buying the same contracts and pushing up the price of their own investments. Now that they are maxed-out on these positions, they have to rely on someone else's buying.

Worse will come if DBA ever has to sell, which will quickly reverse their effect on the price.

Come contract expiration time, the price of DBA contracts are well above the current spot price, and I believe well above the future spot price on their contract's expiration date.
.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News