Finally Settled on a Commodity Currency.
GCC has liquidity problems due to the lapse of SEC permission to issue new ETF shares. DBA really doesn't give my timing mechanism a good signal. What to do?
I originally was going to invest in DBA and time GCC, but I didn't like the bastardization of the process.
I then investigate RJA and found it to be as good, if not better measurement of inflation that GCC, since the deflation loving assets SLV and GLD are not in the grain index.
So today I've opened up a 5% position in RJA, with the possibility of it being a 10% position at close depending upon price movement. This will make it by third largest holding after VTIP, and UUP.
If RJA rallies going forward and the USD falls I'll move funds out of the buck and into RJA up to a full 20% position replacing UUP as my currency of choice.
