Mike Panzner points out that as Oil prices have dropped, Agriculture Commodities are breaking out (especially relative to Energy and/or Commodity Index).
"Many of those who take an interest in global commodity markets have commented on the relative attractiveness of the agriculture sector, especially in light of the demand created by rising per capita incomes in nations such as China and India.
With the technical pattern suggesting that the sector is breaking out (and hitting new 5-month highs) versus oil and an index of various commodities, now may be the time to jump in."
To make the two comparisons on the accompanying chart (below), Mike used the PowerShares DB Agriculture Fund (DBA) / DB Commodity Index Tracking Fund (DBC) PowerShares DB Agriculture Fund (DBA) / DB Energy Fund (DBE).
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.