PowerShares DB Agriculture Fund (DBA)

All Comments on DBA

  • commenter
    Georealist
    Aug 17 08:38 PM
    What the Russian-Georgian War Means for the Euro [view article]
    Russia is "forced" to deal with Europe?? I think it's largely the other way around. I don't know I'd be placing any currency bets based on the Russian-broader Caucasus developments..However, I definitely would expect every resource Russia has control over to be squeezed hard before let go...oil and nat gas (especially in the Euro-Asian region could cost much more VERY soon. $85 oil is really someones fantasy.... Reply
  • commenter
    CLH
    Aug 17 08:14 PM
    What the Russian-Georgian War Means for the Euro [view article]
    Joe---Well written and factual. I never thought of this but I agree with you.

    Fitz--I see no chance of a hot war however a new cold war has started and will continue. Russia is not about to go to war with the US. It wouldnt last a week. Russia is still very weak.     Reply
  • commenter
    The Fitzman
    Aug 17 07:00 PM
    My Website
    What the Russian-Georgian War Means for the Euro [view article]
    interesting and thought provoking article joe, but i'd like to challenge you on a couple points. first, if europe gets involved in a war with russia, so will the US - both are members of NATO and per NATO rules an attack on one is an attack on all. secondly, i don't believe russia is as hostile to europe as it is to the US. after all, it was US involvement in georgia which was behind the present conflict, and now the US is at it in poland wrt "star wars". russia stood by and watched the US put troops over iraqi oil reserves...i am sure taking back control of the BTC pipeline in georgia is a response. longer term, russia needs europe (and vice-versa) more than either party needs the US. you say the Euro is a designer currency, which is valid i suppose...but the US dollar has been made a fiat currency by the present administration's lack of budgetary restraints, excessive plundering of the US Treasury, and an insane tax policy to boot. they are just printing US dollars as fast as they can, and most of these dollars go to the well-connected and wall street bailout plans (it's call socialism for the rich). that said, we both come to the same conclusion vis-a-vis hard commodities, oil, etc. etc. which i believe you are dead-on and i view the current "correction" as a short term phenomenon...albeit a painful one for me. Reply
  • commenter
    John Egan
    Aug 17 04:35 PM
    The Wheat Debate [view article]
    The Baltic index has been dropping over the last few weeks and shippers like DRYS have been moving up. Bizzaro World!

    Last week I listened to a farmers state that he and others were moving out of corn and into soy as they had to order fertilizer now for next season. That left them in a bad spot financially if corn dropped in price. Interesting that soy is dropping now as well.

    jegan ;-)     Reply
  • commenter
    Kunst
    Aug 17 12:04 AM
    A Healthcare ETF Strategy To Outpace the Market [view article]
    Failing Economy Predicts Worse Health:

    "...each percentage-point rise in unemployment would result in an additional 1.1 million people losing health insurance"

    www.time.com/time/busi...     Reply
  • commenter
    Kunst
    Aug 16 11:44 PM
    A Healthcare ETF Strategy To Outpace the Market [view article]
    On a related topic, "medical tourism", this addresses the gross inefficiency of the US medical system. It might remind you of a few other industries.

    www.economist.com/disp...     Reply
  • commenter
    Kunst
    Aug 16 09:33 PM
    A Healthcare ETF Strategy To Outpace the Market [view article]
    This is just an incredibly irrational market. Financials down 20%, up 30%. Oil up 60%, down 30%. Money rushes into this sector, then that sector. So right now, tech and health are the hot sectors. Anything fundamental going on here? Sure, just like oil went to $147 and back to $115 on "supply and demand". Follow the trend while it lasts, but don't tell me it is anything more than the latest fad, destined to follow the no-longer-latest fads.

    Healthcare is bloated almost as much as government. They've been the last sectors still increasing employment. Consumers are having an increasingly difficult time paying insurance and medical bills. The sector is horribly inefficient and financially irrational. What do you think is going to happen as more workers lose their jobs, and therefore medical insurance? I just had a not-too-major surgery that was about $3000 after insurance (interestingly, nearly $30,000 before my PPO discount). Many families would find that a serious if not disastrous problem. One of the leading causes of bankruptcy is unexpected medical expense.

    The healthcare sector is going to get beaten to death over the new few years between high costs and decreasing ability of consumers to pay for it. A lot of health care is discretionary. Even if you need it, many medical expenses can and will be put off. And speaking of bloated, government at all levels (the #1 addition to employment in the last few years) is going to get crunched big-time by falling revenues. Borrowing only works so long; then you have to actually cut spending. What's that going to do to the healthcare industry?

    The hot money will flee tech and healthcare in due time, leaving all the later-coming trend followers holding the bag. Those of you who bought commodities late know the feeling.     Reply
  • commenter
    J.
    Fredrickson
    Aug 16 02:05 PM
    Friday Outlook: Commodities, Global Markets [view article]
    Larry Kudlow is that you? I thought you were on vacation? Must be bored and ghost writing as "Gabe Borenstein" on Seeking Alpha's Fry Guy Board. I respect different opinions, but for some reason I find yours repulsive, as in, it sounds like the government spin put upon the American people to make them believe that everything is "fine", "okay" or "alright." When this fantasy ends and the reality becomes more apparent everyone can start making more informed decisions, but due to government "shenanigans"... and a fear of "truthiness" this may take longer then anyone expects. I agree with David, "good LUCK to you." Reply
  • commenter
    User 47441
    Aug 15 11:17 AM
    Friday Outlook: Commodities, Global Markets [view article]
    Always learn from these insightful comments Reply
  • commenter
    David Fry
    Aug 15 10:45 AM
    Friday Outlook: Commodities, Global Markets [view article]
    UUP or DRR are so far the best way to play the dollar's rise from an ETF/ETN perspective. There are plenty of new issues in registration that will become available soon. Even with some of the 2/1 levered issues that is still well below conventional currency trading schemes [options, futures, etc].

    The volatility in SKF/UYG has much to do with the SECs restrictions on naked short selling which created a logical, if not effective, boost to SKF. It's hard, given the volatility, for these issues to perform perfectly. Nevertheless, it's good to have them.

    And, Gabe.....think what you wish. It's been a market for the pros over the past month. As a trend-follower we'll go with the trends as silly as they may seem sometimes. You're a bull and good luck to you!     Reply
  • commenter
    kkin365
    Aug 15 09:36 AM
    My Website
    Friday Outlook: Commodities, Global Markets [view article]
    Given that UYG doubles the action of XLF (I have no position nor knowledge in either), as you say, it is difficult to see in the two charts you provided on these two stocks. Assuming that the 2 charts have the same scale, it appears that the volatility in UYG is higher than that in XLF. Why so, when the reverse should be the case? Reply
  • commenter
    Sidj
    Aug 15 08:51 AM
    Friday Outlook: Commodities, Global Markets [view article]
    Funny coincidence that the Olympics, Russia's invasion of Georgia and the sudden surge in the dollar all occur at the same time and the leaders of these countries all happen to be together in China. Doesn't a stronger dollar help China too? Reply
  • commenter
    gabe
    borenstein
    Aug 15 08:51 AM
    My Website
    Friday Outlook: Commodities, Global Markets [view article]
    Yesterday was not a pocket picking day. It was a rude awakening by the market bears that the reality is more optimistic than their doom self serving prognosis. The recession frequently discussed ,had been avoided but is priced in to the market prices. The stock market in the process of consolidation is ready for a major rebound,perhaps enhanced by the major short covering.There should be no doubt amongst objective investors that the key issueshave been and are being addressed. Major banking insitutions had written off the "questionable assets and exposure "although some marginal adjustments may be necessary. Some of these "write offs "will come back as the profits in the period ahead. Bond insurers denegrated by one particular short ,have shown substantial profits but were ignored by the market.Hopefully today'saction by the rating agencies reiterating the AA rating for MBIA and Ambac will bring the sense of investment reality into the pricing structure .Eventually the other segmernts of the financial sector will strenghten.
    Housing sector while unnerving ,is consolidating as well with some pick up n sales.
    Basically the U.S economy/market are in a maqjor phase of consolidation.
    Europe and Emerging market economies are heading for a major decompression ,leading to record capital flows into dollar assets(flight to quality).These capital flows will cement the U.S economic/market record rebound.     Reply
  • commenter
    David White
    Aug 15 08:42 AM
    Friday Outlook: Commodities, Global Markets [view article]
    How much of a run do you think we are likely to get in the dollar? I think this will be dependent on how much we spend on oil imports. Still the news from PG&E and SPWR yesterday was very encouraging. Hopefully the Congress will maintain the solar tax credits at least until the solar sales really take off in the US.

    In your opinion, what is the best way to play the likely further rise in the dollar (other than the Forex)? There has been bad economic news from Japan and several European countries lately. It does seem likely the dollar will rise against those currencies for the near future, especially if we can spend less on imported oil. To really see how much we are spending on imported oil, all you have to do is look at Dubai. That money is coming from somewhere.

    Do you think the FOREX may be a good idea for an area to make money as the US dollar likely rises? Or are the ETF's a much better idea for the non-Forex experts?     Reply
  • commenter
    User 160390
    Aug 15 08:18 AM
    Friday Outlook: Commodities, Global Markets [view article]
    Sure is a strange market. Everything's about oil prices, regardless of inflation. I for one will not buy financials; but it seems just as risky to short them right this week. Reply
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