We follow up with the first-gen corn ethanol producers—and the future isn’t pretty.

• Why revenues fell even though margins improved
• The ‘three strikes’ pitched to first-gen ethanol refiners
• Where are they now?

 

Does swapping broad-based commodities exposure for the yellow metal pay off? We crunch the numbers—with some startling results.

• How endowments approach gold
• Is gold or GSCI a better diversifier?
• Why contango matters

Why did positive earnings in gold stocks lead to falling prices? And how can investors play the space intelligently?

• Good earnings = drop in prices?
• Alpha and beta don't tell the whole story
• Running MPT against gold prices—by the numbers

We take a second look at crack spreads, and how investors can play them using ETFs.

• What drives a crack spread?
• How to calculate spreads
• Which ETFs to use to play cracks

What does the options market reveal about market volatility?

• The options-insurance connection
• Vega and MOO
• Historic vs. implied volatility

Can a momentum-based commodity exchange-traded product outperform long-only trackers?

• LSC vs. DJP: ETNs side by side
• Contango’s impact on both
• LSC’s shifting composition

What really drives returns for commodity ETFs? It's all a matter of composition, contango and compounding.

Now that gold has broken $1,000/oz, it’s time to ask again—Which is the better investment: gold or gold stocks?

• A question of time frame
• Gold stocks in the broader market
• Gold vs. gold stocks by the numbers

Is the new DCOT report one small step for the CFTC, one giant leap for market transparency?

• The reason for the new report
• COT vs. DCOT explained
• What did the first report reveal?