16.12.2008 - Commodity investing: ETFs or ETNs?
From ETFguide.com: Earlier in the year, it appeared that commodities would be a rare haven in 2008’s downward spiraling financial markets. Then, out of nowhere, the Jim Rogers commodity bus got blindsided. One of the broadest measures of commodity performance, the iShares S&P GSCI Commodity Index Trust has fallen a steep 44.10% since the beginning of the year. The underlying index is heavily weighted towards energy commodities (68.39%) with agriculture, metals and livestock accounting for the balance. The dramatic decline in crude oil prices to under $50 a barrel from around $150 has contributed to GSG’s fall. .... Full Article: Source
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