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I have a new page that tracks all commodity ETFs on the market. This list includes soft commodities such as cotton, sugar, corn, as well as metals.
While many out there are speculating or gambling on where the US dollar is headed, saying that it is going to crash and gold is going to soar, the reality is that nobody knows. In case of another market meltdown, gold and miners will be liquidated as well.
However, people still need to eat. They always will.
Access the site here.
Below is the performance YTD of the soft commodity ETFs.
(please click to enlarge)
The top commodity so far this year was lead! Who would have thought? Forget Lithium, lead was the 'in' thing this year.
Oil ETFS are tracked separately here.
Gold and silver miners are tracked separately here.
Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).
Please do your own due dilligence.
1 comment:
I'm surprised to see base metals leading the pack. Particularly lead. The biggest industrial use of lead seems to be in lead-acid batteries. With the car industry struggling, I don't see increased needs there. (hybrids use NiMH, no lead)
Then I looked at the supply and that is also said to be in surplus based on a simple Google search.
Interesting.
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