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inthemoneystock (< 20)

Cotton Keeps On Flying



February 16, 2011 – Comments (0)

This morning cotton futures(CT H1) are soaring to new multi-year highs. This is a sign that inflation is soaring around the world. Traders and investors can follow or trade the iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE:BAL) which is higher by another $6.01 to $103.79 a share. As mentioned yesterday, consumers will be paying a lot of money for cotton products this year.

Nicholas Santiago

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