Seeking Alpha

punk_ash » Comments » DBO

  • Commodity Index Funds: The Good, The Bad and The Ugly [View article]
    We live in a bizzaro world. All pundits are screaming about commodities. The financial firms have flooded the markets with commodity ETF and ETN. No one will tell you that most markets are in general in contango, especially energy due to storage issues. That means a continuous bleeding of your portfolio as you are paying someone to store oil and gas.

    If the spot price stays flat or about flat, that ETF will start going to a BIG 0. Check out the performance of OIL, UNG, USO.

    Investing in these is in itself a full time JOB. A long term investor is better off spending on education, pay off the house, not borrowing money@25% from credit cards. If you are old, buy annuities.

    I think investing in the commodity companies is much better, they just might give you a dividend rather than charge the contango fee.

    Yes, I have invested in commodity ETFs and made some lost some, but I will STAY the HECK away from commodities.
    May 14 12:31 pm |Rating: +1 0 |Link to Comment
  • Why Oil and Gold Are Headed Much Higher [View article]
    Its not that simple. It sounds simple that more dollars, more supply of dollars, the commodities are the same and so, they will cost more and so Oil will go through the roof. I am getting of the opinion that Business as usual is going to be the new norm. The thing is that we sitting in the US think that the rest of the world are doing so great, but the fact is that they are not, India and China are almost completely dependent on US and will continue to be for who knows how long. So, the demand for US Treasuries is not going down, we may not be able to take on more debt, and seems like we will not, after what has happened in 2007-2008.

    Meanwhile, we will continue to see pump and dump, i.e. bubbles, how else are we going to pay for the execs and the traders
    Oct 31 00:01 am |Rating: 0 0 |Link to Comment
  • Oil vs. the S&P500 [View article]
    must be tough to write such insightful and rigorous articles.
    Aug 04 17:02 pm |Rating: 0 0 |Link to Comment
  • We're Nearing Crunch Time for Oil [View article]
    User 143167 = foool. Who is going to pay for trillions of dollars in education and other costs for those millions of people you are proposing to be let in just to increase the price of the houses. Go back and do your 3rd grade homework dummy
    May 05 00:44 am |Rating: 0 0 |Link to Comment
More on DBO by punk_ash
Comments by Ticker
punk_ash's
Comments Stats
272 comments
Rating: 77 (257 - 180 )