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iPath Bloomberg Coffee SubTR ETN Message Board

  • greenisout greenisout Feb 1, 2013 11:54 AM Flag

    People have no idea how cheap coffee is

    People know oil is high but they have no idea how low coffee is. Coffee is one of the highest traded commodities, yet the price per pound is hardly noticed. Imagine if the price of oil dropped 50%. It would be all over the news and people would react. Yet coffee drops to lows not seen for many years and nothing is said. If you go to starbuck or dunkin donuts you wouldn't know. You'd know if you went to Mobil. I don't think investors even heard of JO. I think when prices start to rise, and they will, people will invest in the most efficient stock or etf and that would be JO. JO tracks ICE Coffee, no post can influence the price of JO. That being said, I post here for entertainment as I am retired and have nothing better to do but review investments and read and post on them. GLTA

    Sentiment: Strong Buy

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