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Posted: 4/29/2024 9:04:19 PM EDT
I am new to commodity investing and would like to dip my toes into it.

I've been investing for a few years, and am fascinated with macroeconomics, and understanding how the world works in general, and how all the moving parts are intertwined.

I've read books such as "Reminiscences of a Stock operator" and thought Lefevre's 30,000 foot approach to predicting certain commodities will rise based on world events was really interesting.

So I wanted to ask, as a humble beginner:

What does your weekly / monthly commodity investing routine look like?

Are there certain news sources or aggregators that are good to glance over, that help filter out the "noise", and make it easier to make informed decisions?

For a US-based investor, are ETF's on the NYSE the best way to invest in commodities such as Copper, Coffee, Wheat, etc? How do you find the best investment vehicle for each commodity?

Many thanks in advance for any advice / tips.
Link Posted: 4/29/2024 10:21:11 PM EDT
[#1]
 For a US-based investor, are ETF's on the NYSE the best way to invest in commodities such as Copper, Coffee, Wheat, etc? How do you find the best investment vehicle for each commodity?  
View Quote

I have used these ETFs on occasion.  Sometimes even successfully.  I am always threatening to open a futures trading account.  Someday I will, I am sure.  You can also buy stocks of commodity producers.  If you want to concentrate on commodities, the futures exchanges are probably where you need to be.
Link Posted: 4/29/2024 10:32:08 PM EDT
[#2]
Originally Posted By IndependenceWay:


Are there certain news sources or aggregators that are good to glance over, that help filter out the "noise", and make it easier to make informed decisions?

View Quote



Watch the weather.

Would have been a good year to invest in cocoa.
Link Posted: 4/30/2024 12:32:09 PM EDT
[#3]
I dont. But rather try to invest in producers. Its easier and i understand it better. I know uranium is going up due to a lagging supply. So i bought miners. I bought cvx when oil was negative... but buying the commodities is beyond my knowledge base
Link Posted: 4/30/2024 5:48:10 PM EDT
[#4]
This chart is useful when thinking about different asset classes



Chart by Charlie Bilello
Link Posted: 4/30/2024 5:52:35 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Kraquine:
Watch the weather.

Would have been a good year to invest in cocoa.
View Quote

It was weather in Africa. If this was really on your radar and you killed it, congrats.
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