Coffee, chocolate for your portfolio
Gold isn't the only commodity taking a beating this year and poised for a turn. So if sky-high stocks are making you nervous, take a stake in something like . . . steak.
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Commodities do make sense for some investors. But, using the futures markets and ETF’s based on futures is a horrible way to do it. These contracts pitched heavily by the financial industry settle monthly, requiring lots of trading and forward rolls just to hold a position. This goes on behind the scenes with ETF’s so the investor is rarely even aware of it. In the long run, most potential gains from commodity price increases will go to fees, commissions and trading margins before the investor ever sees a dime of profits.
The futures markets are probably the worst imaginable market structure for long term buy and hold investors. It’s no wonder traders, brokers, and their financial sales associates love them so much. If you want to invest in commodities, buy the real physical goods, either directly or through a compnay that produces them. If you want to speculate and trade commodities over the short term, the paper markets might work for you.
This is fun - me and my private group of billionaire buddies love this stuff...here's what we do...
1) After a week of drinking, hunting rare game and playing REAL monopoly games, we all decided to pool our billions and take half of the money and sink it into the stock market over the course of a couple weeks. (don't forget releasing stories like this one to get the common-folk aware of what we want you to think)
2) All of the other 97% of the population takes notice - they think, hey, something's going on - let's buy in and make a bit of money - but wait, we're low on capital, so we should sell our gold/silver, which is on it's way down, so we can use that to buy this stock going up!
3) Then we sit and wait. The 97% buys in stocks and drives the market up...We wait some more and use our other half of the billions we have grouped and slowly buy the gold/silver you so preciously held on too...all at bargain basement prices!
4) When the 97% start seeing gold rise in price, they pause...ha! that's when we start selling our stocks at the inflated prices the 97% drove up even higher....When the 97% try to sell, the stock market is collapsing again! A sheer bloodbath for the 97%...while our billions turn into more billions.....
Oh, then we wait for gold to peak again...and at that time, stocks will be dirt cheap.
So we'll just plan another week of drinking, hunting rare game and playing REAL monopoly games
I always catch my self reading these BS articles and then when I do I always find out how it is always a motive to make the rich richer and everybody else poorer.just think about it.
"Wholesale cocoa prices are down 38% and 14% in the second quarter.." Then how do you explain sale prices for Ghirardelli's and Lindt dark chocolate bars, reg. $2.99, up $1.00 in the past year, 2/$3 to 2/$5?
One advice I got in investing in gold, if ever, was don't go through the informercial channel. If that company, for any reason, goes under. so do you if you put too many eggs in that basket.
Wheat going up would be good for diets. Quite a few people you talk to who have lost weight will say that did it in part from cutting carbs, particularly from the dumb carb aisles.
still waiting on the zombie apokolypse
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[BRIEFING.COM] S&P futures vs fair value: -3.60. Nasdaq futures vs fair value: -5.30. U.S. equity futures hover near their lows after spending the past hour in a steady decline with comparable price action across European indices. The S&P 500 futures trade lower by 0.2% while markets in France, Germany, and the United Kingdom display losses close to 0.4% apiece.
The retreat in futures has coincided with a continuation of an overnight bid in the Treasury market. The benchmark ... More
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