I bought a little slice of DBA, the agricultural goods ETF. I own futures contacts for lean hogs, live cattle, cocoa, sugar, coffee, wheat, and lots of US Treasuries. Oddly... no corn! DBA has been relentlessly beaten down for years.
DBA
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Re: DBA
hm, maybe a good diversifier
Why's it down tho. And what caused the surge in 08.
http://www.etf.com/DBA
Why's it down tho. And what caused the surge in 08.
http://www.etf.com/DBA
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- Executive Member
- Posts: 1313
- Joined: Wed Aug 10, 2016 1:40 am
- Contact:
Re: DBA
Surge was Goldman
https://www.youtube.com/watch?v=t2XivfCw1f4
Not sure if they're allowed to blow it up again
https://www.motherjones.com/kevin-drum/ ... s-trading/
https://dailyreckoning.com/goldman-gives-greenlight/
https://www.youtube.com/watch?v=t2XivfCw1f4
Not sure if they're allowed to blow it up again
https://www.motherjones.com/kevin-drum/ ... s-trading/
https://dailyreckoning.com/goldman-gives-greenlight/
Re: DBA
I got stopped out if my position not long after buying it. Might make another run now that I get it commission free in my HSA
Re: DBA
I never went back to DBA after being stopped it. It has been in a downtrend since Feb 2008, more than 11 years. It has to stop someday. They aren't going to be giving away food for free. But when? Who knows.
$15.81 per share
$15.81 per share