smokey888

Friday Outlook: Commodities, Emerging Markets

Ooops, da bear looks like da bull. Oh well, win some .... sometimes.

ETF Update: Metals and Mining, Transportation ETF

Wonder if he met PETR3 (energy) (I mean after-all, it's got a R in it, it's got a T in it and it has a P in it) and it's RTP backwords minus the E and since it's holdings are 11.81%, it's close. And in the words of the great Chiney, "so". I just noticed something else, he could have met RIO @ 8.9% (materials), RIO is very close to RTP ..... just drop that p a bit and mess w/ that "I" a bit and hey, there ya go -- an honest error. Probably has a ghost writer, whose fired now and has now become a Mutual Fund salesman. Now here's the kicker: (RTP) ($441.95 per share)

"Rio Tinto plc engages in mining and processing mineral resources. The company's products include aluminum, copper, diamond, coal, uranium, gold, borax, nickel, zinc, lead, silver, borate, potash, alumina, gypsum, molybdenum, sulphuric acid, titanium dioxide, salt, talc, and iron ore. It also engages in the production and sale of cathode blocks, anodes, aluminium fluoride, and calcined coke; and the provision of engineering services and sale of smelting equipment, as well as the sale of electricity where generation is surplus to production needs. The company operates worldwide with a primary focus in Australia and North America. Rio Tinto plc was founded in 1873 and is headquartered in London, the United Kingdom."

17 Commodity ETFs to Hedge Your Portfolio

I too, own GCC. I understand it's a new etf maybe that's why it hasn't gone up much - would that be your understanding?