Opta Lehman Brothers Commodity Index Pure Beta Total Return ETN (RAW)
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- Commodity ETFs and ETNs [view article]
- Making Sense of Commodity Products [view article]
- Managing Duration for Commodity Funds: Which Strategy Is Best? [view article]
- Do "Images of a Shrinking & Damaged Planet" Influence Commodity Prices? [view article]
- How Are Commodity Funds Performing YTD? [view article]
- 'Index Speculators' Responsible For Commodity Prices? [view article]
- Commodity Bubbles and Valuation: Imperfect Together [view article]
- Lehman Bros. Enters the ETN Market with 'Opta' Commodities, Private Equity [view article]
Recent RAW Articles
- Managing Duration for Commodity Funds: Which Strategy Is Best?
- Do "Images of a Shrinking & Damaged Planet" Influence Commodity Prices?
- How Are Commodity Funds Performing YTD?
- 'Index Speculators' Responsible For Commodity Prices?
- Commodity Bubbles and Valuation: Imperfect Together
- Commodity ETFs and ETNs
- Making Sense of Commodity Products
- Lehman Brothers' Kumar on ETNs vs. ETFs
- Lehman's Opta ETNs: Attack of the I-Banks
- Lehman Bros. Enters the ETN Market with 'Opta' Commodities, Private Equity
- Full List of Articles »
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Commodity ETFs and ETNs [view article]
Would anyone recommend a livestock ETF or ETN?Taxation as US investor...any opinions? (reading prospectus)
Do these have enough liquidity...I cannot seem to locate avg. volume?
Looking at:
CATL, ETFS Live Cattle...trades on London
COW, iPath Livestock Reply
Making Sense of Commodity Products [view article]
This analysis leaves out an extremely important component: sector allocation. DJP is tempting despite its weaker returns due to it's 33% cap at rebalancing (annual) for each. However, with the recent run up in energy - it has underperformed due to this diversification. ReplyCommodity ETFs and ETNs [view article]
I'm missing RJI, RJN, and RJZ. ReplyManaging Duration for Commodity Funds: Which Strategy Is Best? [view article]
Very short of any information of real use.If someone invests in ETF's without knowing about the funds management style, then they have not done due diligence and deserve the consequences. Reply
Do "Images of a Shrinking & Damaged Planet" Influence Commodity Prices? [view article]
Well, he's half right...Certainly, alarmist images of enviro damage and 24/7 weather porn has given great political advantage to carbon tax scammers like Blood'n'Gore and NGO eugenicists like Greepeace and the WWF.
Hence extracting commodities in the necessary quantities and on the required timescale has become a lot more expensive and uncertain than it need be.
Add in wildly inflationary monetary policy hothousing growth and depreciating the numeraire (You know, Bob, like the housing bubble) - as well as a flight out of the untrustworthy paper claims to these which the ensuing bust has revealed as greatly impaired - and it's no wonder that the real prices of commodities are higher than we've been used to for quite some time. Reply
Do "Images of a Shrinking & Damaged Planet" Influence Commodity Prices? [view article]
They only remind me of the margin relative to the position size, nothing else. ReplyHow Are Commodity Funds Performing YTD? [view article]
seekingalpha.com/autho... ReplyHow Are Commodity Funds Performing YTD? [view article]
More on commidity ETFs- SLV and GLD ReplyHow Are Commodity Funds Performing YTD? [view article]
Thank you. I will report this error to SA editors. They should correct it soon, but if you are in a hurry, you can see the enlarged image at my blog qvmgroup.com/invest ReplyThe Wind
How Are Commodity Funds Performing YTD? [view article]
Very difficult to read your insert - when I clicked on it, it was the same size as in the article. I gave up. Reply'Index Speculators' Responsible For Commodity Prices? [view article]
US Declining: Hmm. Well, if so, we have a TON of declining to do. Ranks by GDP.1 United States 13,843,825
2 Japan 4,383,762
3 Germany 3,322,147
4 China 3,250,827
5 United Kingdom 2,772,570
6 France 2,560,255
7 Italy 2,104,666
8 Spain 1,438,959
9 Canada 1,432,140
10 Brazil 1,313,590
Reply
'Index Speculators' Responsible For Commodity Prices? [view article]
I think the big question that all are missing is this:We all tend to be comparing past commodity bubbles (oil, silver, etc) to the present situation. But, is the present the same as the past? We are looking at it from a very insular POV. From the end of WW2 to about 1970, the US was the only game in town. Between 1970-2000, we saw the rise of rival economies, but small potatoes on the whole... they had neither super populations, nor super wealth based on a commodity the world needs.
Is this really deja vu all over again, or have the super-population countries now begun to have a major sucking sound & are the growing appetites of oil-producing countries limiting the amounts of oil they wish to part with?
Someone above said that with US use declining, those supertankers would be sitting offshore waiting to unload. Is that still true? Or do they now have a girl in every port? Have we reached the point where whatever we don't use, someone else will?
Then, we come to the question of how long can the world economy bear the inflation that this will cause? The single thing that the global economy depends upon is cheap & easy transport of goods.
Some will say, that we will simply pull back to local production of foods & goods. Somewhat maybe. However, one of the reasons we went to a global economy was in order to provide resources or goods made from resources to areas that did not have those resources.
At some point, the scale must tip, but then what? Reply
'Index Speculators' Responsible For Commodity Prices? [view article]
When the CFTC released a report early this month,stateing there way no way that Silver was being manipulated. The timeing,content,was suspect,in it's self! That led to Small & Large investors,to seek more higher investagations.As of now,there is no resolve,but many have wrote letters,to find out the names of the 4 to 8,that hold 97% of total contracts,which is more physical silver,available world wide,much less from mineing.Much more has been found,where as workers at Comex,in the past had directly,or by proxy,traded in silver,takeing hugh gains. Insider trade info, useless regulators,price fixing,is the norm now & in the past. Investment banks have been caught,chargeing fees for storeage,where there was no physical metal to deliver.Investors where paying for a paper promise,that the bank,could not deliver, & all they got was a slap on the hand. Now the ETF's,are nothing but paper promises,that are ripe for the pickens.
It is well noted,that the U.S.,Canada,Perth Mints,have all run out of silver,& now the U.S.Mint has put limits, on Bullion dealers,& the publics Silver purchases.Shortage in scrap recovery,mineing,90% junk, has lag times,that have sent prices higher,but they get shot down,by the Big nameless 4 or more traders, that stand to lose all. It is like who wrote,that if their bluff was called, prices would return to true form, of supply & demand.
Outside,looking in,if CFTC's rush to report there is no manipulation in the Silver market, most likely there is. That would apply to other commoditys.With all of the huge losses by the Giant investment banks,& more to come,would it be a consorted effort,by those same entities,to go any means,to stop there demise,& Oil & Energy ,PM's,Food is a source they, sence housing has dried up. It's sad, Americans will pay hard & long.
Don't forget the Fed,it sells false data to the media,cooks inflation readings,sells out BS,what a crook of crap,that we arein for. Reply
'Index Speculators' Responsible For Commodity Prices? [view article]
I think hedge funds with the help of the investment banks are manipulating this price up - index funds buying each month help add volume to sustain the upward trend. I would not be surprised to find out in a few months that some oil producing nation was using a hedge fund to push this up.There needs to be strict regulations as to who can trade the food and energy commodities. Manipulating stocks is one thing, but manipulating the commodities leads to famine and death. The commodities can't be allowed to be manipulated. Reply
'Index Speculators' Responsible For Commodity Prices? [view article]
Think about the the housing bubble for a second: there was a also a seller for every buyer during the ascent of the housing bubble.The key to every bubble is not the actual moneyflow, it is the EXPECTATION of higher prices. The hypothesis is no different here -- Index speculators are not buying houses to live in them, they are buying them on the expectation of perennially greater prices. That someone would sell oil futures (or be short) makes perfect sense as long as the fools remain solvent.
For example I am willing to go short oil here because I think it's hit a top. I may lose, as short have in previous contract months for quite a while, but as long as I don't develop the expectation that crude prices will be perennially higher every contract expiration I will be willing to take the sell side once and a while.
What you're seeing with the passage of time is fewer people willing to take the sell side. The bids on the contracts keep going up, up, up, to convince people like myself to write contracts -- because we don't want to! The skyrocketting price of oil is the result of a TON of PERMA-LONG money dragging reluctant sellers into the market by the only way they can: jacking up their bids.
So too with the housing bubble. As prices ramped up and up speculators were willing to buy, for instance, 3 condos in florida, with bank money, before the condo's had even been built, on the expectation that they could liquidate them for certian profit. There was a buyer and seller for EVERY housing transaction -- except the last one. That's how bubbles work. Reply