Re: Commodity investment
natural resource stocks are still stocks first and a play on commodities second. they are still subject to political issues, strikes , supply disruptions and management. years ago gold soared while ASA limited south africas gold mine closed end mutual fund dropped big time because of a mining strike.
funds like pcrdx, gsg dbc uso gld all buy the commodities themselves not the stocks of companies.
commodities themselves are no where near as volatile as the stocks of companies that are in the natural resources arena. fidelity select energy services is usually up or down in most years by 40% or more from top to bottom.