While I kept this trade for subscribers and did not publish it here. I want people to understand the impact this massive move will have on poor countries. There is a potential for deaths around the world far beyond the borders of Ukraine and Russia without firing off a single nuke that so many fear.
Again this is not something new from what I have been saying all along. Nov 14, 2021
@vrm07, Look closer at the chart for DBA it's from last Nov. One has to be careful with these ETFs ... with a little looking I found this on Invesco website:
"The Invesco DB Agriculture (Fund) seeks to track changes, whether positive or negative, in the level of the DBIQ Diversified Agriculture Index Excess Return™ (DBIQ Diversified Agriculture Index ER or Index) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities. You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November."