The Single Best Commodity Play of 2013?
Coffee prices have fallen more than 50% since 2010 which can be seen through iPath DJ-UBS Coffee Subindex Total Return SM Index ETN (NYSEARCA:JO) which is a coffee exchange-traded fund. This investment seeks to replicate the returns that are potentially available through an unleveraged investment in coffee futures contracts as well as the rate of interest that could be earned on cash collateral invested in specified Treasury bills. Weekly Hourly and Seasonal Chart of JO the Coffee Exchange-Traded Fund The top weekly chart shows my price targets for 2013 while the lower hourly chart shows strong on balance volume ...
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