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If we play commodity types of products, we'll never be able to earn the kind of living we are now," he says.
If we play commodity types of products, we'll never be able to earn the kind of living we are [earning] now," he says.
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Not everybody is necessarily a fan of the ETF as a method to play commodities, however.
One way to play commodities is through the ETFs, which have drawn a lot of attention from investors.
Nevertheless, I think the easy money has already been made, and that the risks associated with playing commodity markets are too high for most investors especially with China taking steps to curb inflation.
A lot of market participants are just looking for a relatively cheap, easily understood method of playing commodities.
Last year's Dodd-Frank financial-regulatory legislation sought to address the problem speculation can play in commodity markets specifically and financial markets more generally, requiring federal regulators to police the massive, multitrillion-dollar derivatives game.
And given that they have been able to get away with their OPEC production quotas (our anti-trust laws would classify that as 'restraint of trade,' calling for jail time) with hardly a demur from the world's consumers, why not go the next step and play the commodity exchanges, since being asleep or tolerant of being taken to the cleaners seems to be in the DNA of their customer base?
There are a lot of ways to play the commodities game (the Web version of this article links to commodity investing stories we have run in earlier Investment Guides).
Jose A. Rasco, senior economist at Merrill Lynch, was more emphatic: "It's way too late to play the commodities game".
One way to play the commodities market is to buy shares in companies that will benefit from them.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com