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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (97159)	2/24/2008 10:10:47 AM
From: Tommaso	Respond to of 206195

>>>What degree of leverage does COW have, or is it roughly 1:1 with the commodity prices ?<<< No leverage, as I understand it, except to the extent that any futures contract is leveraged or at least a zero-sum bet. Kind of like owning fully-paid futures. Or maybe it's like owning a huge freezer full of meat. <G> Uranium hasn't been very good to me for the last six months, but I am still way ahead and will just hold positions for the long term. I do wish I had bailed on DNN, which I almost did before it lost 40% of its value. Am hoping my interest in food is less euphoric. It seems to me a simple, sober, fact that serious shortages--meaning starvation on a scale never seen before--might lie ahead. Not to inject any more plolitics into this thread, but I do hope the U. S. will return to cooperating with the U.N. to deal with these problems.