SPDR S&P Metals and Mining (ETF) (AMEX:XME)

ThenewM (84.42) Submitted: 1/29/2009 5:12:26 PM : Start Price: $27.20 XME Score: +7.82

Generally bearish on commodities. I expect the US Gov't won't be able to increase the money supply adequately to account for the tremendous loss of credit-based purchasing power. A reduction in the real money supply (including credit) will reduce economic demand and drive prices down. Commodities should correlate more with the dropping prices than companies of the S&P who have more to offer than just a particular asset. This should equal points in CAPS.