DBA- etf that tracks corn, wheat, soybeans, and sugar.
Is my thinking to simplistic? Isnt this a screaming buy at these levels? The world is not going to stop eating because of this Financial crisis. World population is still going up. People have to eat. These commodities have to turn around at some point. DBA has been taken out to the woodshed along with everything else... Even if one has to sit on it awhile this is a huge buy at these levels. Unless we go into a huge depression and ALL financial assets are deflated (more so)? I would like your take....
Is my thinking to simplistic? Isnt this a screaming buy at these levels? The world is not going to stop eating because of this Financial crisis. World population is still going up. People have to eat. These commodities have to turn around at some point. DBA has been taken out to the woodshed along with everything else... Even if one has to sit on it awhile this is a huge buy at these levels. Unless we go into a huge depression and ALL financial assets are deflated (more so)? I would like your take....