Long AG (dba)
Short Gold (gld)
Why i like it so much:
Weekly Chart, huge divergence between the 2 "inflation plays".........has been created. (chart)
So now what do the technicals say for each, which chart has more bullish potential going forward?
I don't feel "super" great that DBA is going way up! (kinda good tho)
I don't even feel "super" great that gold is going much lower! (kinda good tho)
But i do really think the DIFFERENCE in the 2 is yummy......
I agree on the gold weekly chart. Retesting the breakdown, so it should go lower from here.
ReplyDeleteAg- I got some FEED and SEED :) Looking good to me!
While I am bullish on ag long term I do not want to seem like I am always talking my book. Here is a more cautionary take.
ReplyDeletehttp://www.stockstop.org/viewtopic.php?f=10&t=869
thanks, for the read.
ReplyDeleteim not "bullish" ag, i just feel that it will continue to outperform gold here for a good lil while ahead
DBA beat GLD by 3% this past week.