drbagel

Comparing Commodity ETFs/ETNs

Just to clarify, the target (base) weight of the underlying components of DBC are somewhat different and are probably the more important numbers over the long haul.
Energy 55%
Grains 22.5%
Gold 10%
Aluminum 12.5%

I think DJP has the best mix but I would be afraid to allocate such a large portion of my portfolio to a single corporate bond (which is what DJP is, essentially)

XME is a nice way to gain commodity exposure without funky tax consequences (its a stock fund), with low costs (35 basis points), with limited energy exposure (35% coal) and with virtually no oil and gas exposure (these are already well represented in the S&P 500.)

I own none of these.

Government Inflation Data at Odds with Reality

It seems that nobody talks about the other great way to tame inflation. Across the board tax cuts increase demand for money. Inflation occurs when there is too much money OR not enough demand for it. Higher taxes (Obamanomics) will worsen this problem greatly. Jimmy Carter all over again.