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Message: Trade Brent Crude! (well... sort of)
Here's a commodity pool I found that trades on the NYSE Arca
Its goal is to more or less track the price of Brent Crude. I say more or less because there's some friction involved - management fees for one, and the cost of rolling forward for another, but at least you capture the basic move without having to hold a futures or options contract which can be a bit dicey. You won't get the leverage of a futures contract of course, but pull up a chart (BNO) for the last few days and you'll see the kind of swings you can capture on market breaks ( if you're fleet of foot). How much trading in and out goes on I have no idea - that could affect the NAV as well as the above considerations - but there it is for those of you who are getting bored playing silver...LOL. One caution: there are tax considerations here, but it's explained (for Americans) on their site. Canadians will have to figure it out own their own, or ask their advisor.
ebear
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