Question by SAS 1992: Is it too late to buy gold, energy, agricultural commodities? I would have to sell my India ETN.?
Best answer:
Answer by Lawrence E
It’s never too late!
Add your own answer in the comments!
About Us
Welcome to AgroLeads.com.
This portal is for the Traders of Foodstuff, Agricultural Commodities, Grains, Cereals, Pulses and Beans. Join
free to send and receive offers and inquiries.
Subscribe
Tags
Green Production print farming health More Animal import/export Rice futures Decker Power Help Hose Electric Farmers Start import trading System grain grains world Farm organic export Plant Agricultural Guide prices Seeds Management Science Soil Black from Business Garden commodity Edition food Agriculture Control PEST ReviewsNew Posts
- Luxembourg Gardens Statue of Liberty and Park Chairs, Paris, France Photographic Poster Print by Walter Bibikow, 48×64
- What Is Biodynamics?: A Way to Heal and revitalize the Earth : Seven Lectures
- Biologically Based Technologies for Pest Control
- Village Scarecrow, Rice Fields, Near Tegallalan, Bali, Indonesia Photographic Poster Print by John & Lisa Merrill, 24×32
- The Biochar Solution: Carbon Farming and Climate Change (Sustainable Agriculture)
- Scarecrow MasterPoster Print by Ryo Takagi, 11×17
- Alcohol Can Be a Gas!: Fueling an Ethanol Revolution for the 21st Century Reviews
- All Natural Home Pest Control RTU-2 Quarts LG9997
- Plant Parasitic Nematodes in Subtropical and Tropical Agriculture Reviews
- Aster Seed Packet Premium Poster Print, 16×24
2 Responses
It is probably very early in the move but I would advise waiting for a correction before entering the gold, energy or agricultural commodities arena.
Posted on October 1st, 2010 at 4:11 pm
i don’t think so, especially with agriculture.
RJA (it’s also an ETN, due in 2022) just came out late last year at $ 10/share, and it’s only now still about $ 12.30, so i think there’s a long way to go.
if you look at Jim Rogers’s RICI broken down into the energy, metals, and ag segments, you’ll see that energy and metals made up for almost all of the gain in the RICI since it began in 1998, with ag remaining pretty flat.
so it could very well be that this is ag’s turn this time around. while RJA has nothing to do with RICI at the business end, RJA is supposed to track Rogers’s ag compositions exactly. the issuer of RJA is owned by the Swedish Government, so there shouldn’t be much credit risk.
even with gold at $ 950 and oil at $ 100, i think it still can go much much higher. i also think India will do well, so maybe you can split your India and commodities 50/50?
Posted on October 1st, 2010 at 4:57 pm
Add A Comment
You must be logged in to post a comment.