12 May, 2011

Cautious On Commodities

“When everybody thinks alike, I become very defensive.” - in New York Hard Assets Investment Conference

Related ETFs: IShares Silver ETF (SLV), SPDR Gold ETF (GLD), United States Oil Fund (USO), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (RJA), United States Natural gas Fund (UNG), Powershares DB Agriculture Fund (DBA), Powershares DB Base Metals Fund (ETF) (DBB), iPath Dow Jones-UBS Cotton Subindex Total Return ETN (BAL), Freeport-McMoRan Copper & Gold Inc. (Public, NYSE:FCX), Exxon Mobil (XOM), United States Steel (X), Coeur Alene Mines (CDE), Silver Wheaton (SLW), Alcoa (AA)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.