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Grains (JJG) experiencing multi-decade low sentiment

beebee
edited July 2014 in Fund Discussions
Must be all the GMO Climate Change Gluten Free Radicals at work again.

Ag has been Bagged:

"Grains ETF (NYSE symbol: JJG) is currently down 22% in just two months, as the price trades more then 2 standard deviations below its mean, on what appears to be a rock bottom oversold technical condition."

My take:

This seems to be a purely a deriative based ETN...

would loved to find some "great grain businesses selling at a discount" (Lil' Buff)

shortsideoflong.com/2014/07/agriculture-thrown-window/

Comments

  • scott
    edited July 2014

    Jim Gaffigan: Gluten Free

    Long Graincorp (GRCLF.PK), Archer Daniels (ADM) and Agrium (AGU). Andersons (ANDE) is another ag play, but one that is excessively volatile.
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