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GMiki's question is a good one--that perplexes me, too.
Jul 07 13:10 pm
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All Comments by Alan Young »Commodities Are 'Red Hot' but Are They 'Green'? [View article]
There is one commodity you can buy with assurance that it's "green": GRN. It's one of the Barclay's iPath single-commodity ETNs, which give you a nice choice of what to invest in.
However, these ETNs have a drawback which invites more scrutiny. The sponsor, Barclay's Bank, doesn't take possession of the actual commodities, but just trades paper futures. Should a liquidity problem arise, either with the futures market or with the bank, it would be tough luck for the note holder. Of course, we know that could never happen, right? Hmmm...