Story Comments

Well, I just use about 20% of My total $ to buy what my Top Funds own in their Top 5 stocks..& On Margin. They have been alot better at it than I ever was...which include POT,MOX,XTO & PWE.And for the past 5 yrs? Has boosted my M.Funds by + 6% apy..good enough for me!
Thank you CGMFX, CGMRX,FAIRX,FBRVX & FLVCX.& JS for your adivce on How to Buy them..& when to Fold them..

Jim Rogers and real 'smart money' has been in ag for two years. Loved Den of Thieves, Stewart. Stick to reviewing history not trying to predict it.

a Lawyer , Stock owner, and owner of a $150 MM bank ( most all of o.s.) once told me , ' shear your sheep, don't butcher them',,, apply this to everything in stocks and economic investment and it works,
I am entering a sector of the agri-business that is publicly owned. Do you want to know what it is ?

This almost certainly falls into the category of 'chasing returns'. I found a great article on www.summit-advisors.com discussing what they call 'The Magazine Cover Indicator' which suggests that once investment ideas make their way onto the publications of mainstream magazines, the trend is over...run, don't walk the other way! I think there are lots of other ways to benefit from rising commodity prices generally.

In answer to goarmy1, I think the AG argument is a sound one. The best performing stocks rise over time, continually making new highs. How relatively high a stock price is at any given point is not to be judged within the context of price alone. A year from now, current AG prices may seem cheap in retrospect. Besides, how does one know that a stock, bought 'low', won't go lower? If you have the means to predict a stock's future price activity, whether through fundamental or technical analysis, or otherwise, you wouldn't have to aske goarmy1's questions. If you can't form such an argument, you should probably hide your money in your mattress and not criticize others who can. Personally, I'm holding DBA and MOO, and plan to hold for a long time.

The sinking dollar adds to the appeal of the Ag business, since there are a lot of global aspects. Buy high and get out early.

Market Vectors Global Agribusiness ETF 'MOO'
THE MOSAIC CO. FBO 9.33%
POTASH CORP. POC 8.87%
MONSANTO CO MON 8.32%
ARCHER-DANIELS-MIDLAND CO ADM 7.92%
DEERE CO. DCO 7.57%
YARA INTERNATIONAL IU2 5.79%
IOI CORP. BHD IOI 4.88%
SYNGENTA AG SVJA 4.67%
AGRIUM INC AGU 4.24%
KOMATSU LTD KOM1 4.14%
WILMAR INTL LTD. RTHA 4.09%
BUNGE LTD. BU3

I am always amused at the investment gurus' who recommend equities at their highest prices. For example you are recomending Deere @$83(it recently split) and the 52 week Hi/Lo is $91-$51. Also Monsanto is recommended @$117 and the 52 week Hi/LO is $129-$50.

Why would anyone with a brain buy either of these two stocks at the high range? You should have been recommending them at the low range, weeks ago. Only a fool would buy them now. Have you ever heard of buy Low and sell High, not buy High and hope they go higher?