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Matt McCall on Commodities, Energy

I'm too risk adverse (scared) to buy any ETN like DJP. From what I understand, if the underlying bank or financial institution goes under, the entire ETN can go to $0, despite how well it should be performing. I'd rather own ETFs and things like GLD that hold actual physical assets rather than some kind of swap contracts or whatever makes up these ETNs. I'm waiting a few years for this whole credit crisis to settle itself out, then I may look at at ETN, but not now.