Agriculture GXK Index Revisited

In my journey as a solo finance and trading enthusiast (hack), I’ve developed a particular stance: I tend to steer clear of Futures. They’re a bit too volatile for my taste. However, that doesn’t mean I turn a blind eye to the markets. Quite the opposite — I like to keep a “lazy eye” on the pulse of things, especially when it comes to indices that caught my attention in the past. ...

Thomas Ott

Agriculture Index - ($GKX)

I worked in my vegetable garden for most of the weekend and with every weed I plucked, the words “Ethanol” and “bio-fuel” kept popping in my head. I know that everywhere I turn, I see and hear about how Ethanol is going to save us from oil dependence and global warming. Despite my skepticism about Ethanol, I am curious to know what set of this new trend in the Agriculture index? Exactly what happened at the end of 2001? Was it demand from China? Or a sudden fascination with Cocoa? Inquiring minds want to know! ...