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Commodity Chartbook - June 2010
Commodity Chartbook - June 2010
COMMODITY
CHARTBOOK
June 9, 2010
1555 NorthPark Drive #102
Weston, Florida 33326
www.horowitzandcompany.com
p 954‐349‐0800 f 954‐349‐1414
Precious Metals
Gold Silver
140%
140%
Spot Prices Spot Prices
120%
120%
100%
100%
80%
80%
60%
60%
40%
40%
20%
20%
0%
0%
‐20%
‐20%
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Gold CRB Spot Metal Index Silver CRB Spot Metal Index
Source: Horowitz & Company/Bloomberg
Source: Horowitz & Company/Bloomberg
Palladium
250%
Spot Prices
200%
150%
100%
50%
0%
‐50%
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Palladium CRB Spot Metal Index
Source: Horowitz & Company/Bloomberg
Performance Since: December 31st, 2008
Metals
Copper Lead
200% 200%
Spot Prices Spot Prices
180% 180%
160% 160%
140% 140%
120% 120%
100% 100%
80% 80%
60% 60%
40% 40%
20% 20%
0% 0%
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Copper CRB Spot Metal Index Lead CRB Spot Metal Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg
Zinc Aluminum
180% 140%
Spot Prices Spot Prices
160% 120%
140% 100%
120%
80%
100%
60%
80%
40%
60%
20%
40%
20% 0%
0% ‐20%
‐20% ‐40%
Dec‐08
Dec‐09
Apr‐09
Aug‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Performance Since: December 31st, 2008
Energy
WTI Crude Gasoline
140% 200%
Spot Prices Spot Prices
120%
100% 150%
80%
100%
60%
40%
50%
20%
0%
0%
‐20%
‐40% ‐50%
Dec‐08
Dec‐09
Apr‐09
Aug‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
WTI Crude Dow Jones UBS Energy Index Gasoline Dow Jones UBS Energy Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg
Coal Natural Gas
20% 20%
Spot Prices Spot Prices
10%
10%
0%
0% ‐10%
‐20%
‐10%
‐30%
‐20% ‐40%
‐50%
‐30%
‐60%
‐40% ‐70%
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Coal Dow Jones UBS Energy Index Natural Gas Dow Jones UBS Energy Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg
Performance Since: December 31st, 2008
Grains
Corn Wheat
30% 30%
Spot Prices Spot Prices
25%
20%
20%
10%
15%
10% 0%
5% ‐10%
0%
‐20%
‐5%
‐30%
‐10%
‐15% ‐40%
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Corn CRB Food Index Wheat CRB Food Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg
Soybeans Sugar #11 (ICE)
40% 180%
Spot Prices Spot Prices
35% 160%
30% 140%
25% 120%
20%
100%
15%
80%
10%
60%
5%
40%
0%
‐5% 20%
‐10% 0%
‐15% ‐20%
Dec‐08
Aug‐09
Dec‐09
Apr‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Soybeans CRB Food Index Sugar #11 (ICE) CRB Food Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg
Performance Since: December 31st, 2008
Agriculture
Hogs Cattle
60% 30%
Spot Prices Spot Prices
50% 25%
40% 20%
30% 15%
20% 10%
10%
5%
0%
0%
‐10%
‐5%
‐20%
‐10%
‐30%
Dec‐08
Aug‐09
Dec‐09
Apr‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Hogs CRB Food Index Cattle CRB Food Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg
Cotton Lumber
100% 100%
Spot Prices Spot Prices
80% 80%
60% 60%
40% 40%
20% 20%
0% 0%
‐20% ‐20%
‐40% ‐40%
Dec‐08
Aug‐09
Dec‐09
Apr‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Cotton CRB Commodity Index Lumber CRB Commodity Index
Performance Since: December 31st, 2008
Energy
Heating Oil Uranium
100% 20%
Spot Prices Spot Prices
15%
80%
10%
60% 5%
0%
40%
‐5%
20%
‐10%
0% ‐15%
‐20%
‐20%
‐25%
‐40% ‐30%
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Dec‐08
Apr‐09
Aug‐09
Dec‐09
Apr‐10
Heating Oil Dow Jones UBS Energy Index Uranium Dow Jones UBS Energy Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg
Performance Since: December 31st, 2008