COMMODITY

CHARTBOOK
August 3, 2011
1555 NorthPark Drive #102
Weston, Florida 33326
www.horowitzandcompany.com
p 954-349-0800 f 954-349-1414

8/2/2011

Palladium
Jul-11

Jul-11

Silver

Jun-11

May-11

Apr-11

CRB Spot Metal Index

Apr-11

Mar-11

Feb-11

Feb-11

Feb-10

Source: Horowitz & Company/Bloomberg

120%

Palladium

100%

80%

60%

40%

20%

0%

-20%

-40%

CRB Spot Metal Index

Source: Horowitz & Company/Bloomberg

CRB Spot Metal Index

Source: Horowitz & Company/Bloomberg

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

0%

Jan-11

30%

Dec-10

-20%
Jan-10

50%

Dec-10

Gold

Nov-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

60%

Oct-10

Oct-10

Sep-10

Aug-10

Jul-10

Jul-10

Jun-10

May-10

May-10

Apr-10

Mar-10

Mar-10

Feb-10

Gold

Jan-10

Jan-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

Precious Metals
200%

Silver

40%
150%

100%

20%

10%
50%

-10%
0%

-50%

8/2/2011

Zinc
CRB Spot Metal Index

Source: Horowitz & Company/Bloomberg

Aluminum
CRB Spot Metal Index
Source: Horowitz & Company/Bloomberg

Aug-11

Jul-11

-20%
Jun-11

-20%
May-11

-10%

Apr-11

-10%

Mar-11

0%

Feb-11

Source: Horowitz & Company/Bloomberg

Jan-11

30%

Dec-10

Zinc

Nov-10

Lead

Oct-10

40%

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

Copper

Sep-10

40%

Jul-10

CRB Spot Metal Index

Aug-10

50%

50%

Jun-10

60%
Apr-10

-20%
May-10

-10%

Apr-10

-20%

May-10

-10%

0%

Feb-10

10%

Mar-10

20%

Feb-10

30%

Mar-10

40%

Jan-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

50%

Jan-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Copper

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

Metals
50%

Lead

40%

30%

20%

10%
0%

-30%

-40%

-50%

CRB Spot Metal Index

Source: Horowitz & Company/Bloomberg

Aluminum

30%

20%
20%

10%
10%

0%

8/2/2011

Coal
Feb-11

DJ UBS Energy Index

Source: Horowitz & Company/Bloomberg

Natural Gas

Jul-11

-50%

Source: Horowitz & Company/Bloomberg

DJ UBS Energy Index

Aug-11

-40%
Jun-11

-40%

Apr-11

-20%

May-11

0%

Feb-11

Gasoline

Mar-11

Source: Horowitz & Company/Bloomberg

Jan-11

40%

Dec-10

10%

Nov-10

Coal

Oct-10

60%
Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

WTI Crude

Sep-10

DJ UBS Energy Index

Aug-10

20%

Jul-10

80%

Jun-10

-30%
Apr-10

-20%

May-10

-10%

Apr-10

0%

May-10

10%

Feb-10

40%

Mar-10

50%

20%

Feb-10

30%

Mar-10

40%

Jan-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

50%

Jan-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

WTI Crude

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

Energy
80%

Gasoline

70%

60%

30%

20%

10%

-10%

0%

-20%

-30%

Source: Horowitz & Company/Bloomberg

DJ UBS Energy Index

Natural Gas

0%

20%
-10%

-20%

-30%

8/2/2011

Soybeans
CRB Food Index

Source: Horowitz & Company/Bloomberg

Sugar #11 (ICE)

Feb-11

CRB Food Index

Source: Horowitz & Company/Bloomberg

Aug-11

Jul-11

Jun-11

May-11

Apr-11

-20%
Mar-11

-10%

Jan-11

Source: Horowitz & Company/Bloomberg

Dec-10

10%

Nov-10

Wheat

Oct-10

20%
Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Corn

Sep-10

30%

Aug-10

Soybeans

Jul-10

50%

Jun-10

60%

May-10

-10%
Apr-10

0%

Apr-10

10%

Mar-10

20%

Feb-10

30%

Mar-10

40%

Feb-10

50%

Jan-10

Aug-11

Jul-11

Jun-11

60%

Jan-10

Aug-11

Jul-11

Jun-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-11

CRB Food Index

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Apr-10

Mar-10

Feb-10

Jan-10

May-10

Corn

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

Grains
70%

Wheat

60%

50%

40%

30%

20%

10%

-10%

0%

-20%

-30%

CRB Food Index

Source: Horowitz & Company/Bloomberg

60%

Sugar #11 (ICE)

40%
40%

20%

0%

0%
-20%

-40%

-60%

8/2/2011

Cotton
CRB Commodity Index

Source: Horowitz & Company/Bloomberg

Lumber
Source: Horowitz & Company/Bloomberg

CRB Commodity Index

Aug-11

Jul-11

Jun-11

May-11

-50%
Apr-11

0%

Feb-11

50%

Mar-11

Source: Horowitz & Company/Bloomberg

Jan-11

100%

Dec-10

Cotton

Nov-10

Cattle

Oct-10

150%
Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Hogs

Sep-10

200%

Aug-10

CRB Food Index

Jul-10

-10%
Jun-10

10%

Jun-10

20%

May-10

30%

Apr-10

40%

May-10

40%

Apr-10

50%

Mar-10

50%

Feb-10

60%

Mar-10

60%

Feb-10

30%

Jan-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

70%

Jan-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Hogs

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Jan-10

Agriculture
Cattle

20%

10%

0%
0%

-10%

CRB Food Index

Source: Horowitz & Company/Bloomberg

Lumber

70%

60%

50%

40%

30%

20%

10%

0%

-10%

-20%

8/2/2011

Jan-10

Heating Oil
Source: Horowitz & Company/Bloomberg

DJ UBS Energy Index

Uranium
Source: Horowitz & Company/Bloomberg

DJ UBS Energy Index

Aug-11

Jul-11

Jun-11

May-11

-30%

Apr-11

-20%

-30%

Feb-11

-20%

Mar-11

-10%

Jan-11

0%

-10%

Dec-10

10%

Nov-10

0%

Oct-10

Heating Oil

Sep-10

20%

10%

Aug-10

30%

20%

Jul-10

40%

30%

Jun-10

50%

40%

May-10

60%

50%

Apr-10

60%

Mar-10

70%

Feb-10

70%

Jan-10

Aug-11

Jul-11

Jun-11

May-11

Apr-11

Mar-11

Feb-11

Jan-11

Dec-10

Nov-10

Oct-10

Sep-10

Aug-10

Jul-10

Jun-10

May-10

Apr-10

Mar-10

Feb-10

Energy
Uranium

Commodity Futures Returns

Commodity
Copper
Gasoline
Sugar #11 (ICE)
Silver
Cotton
WTI Crude
Corn
Wheat
Natural Gas
Soybeans
Gold
Coal
Lumber
Uranium

Indices
CRB Spot Metal Index
CRB Food Index
CRB Commodity Index
DJ UBS Energy Index

YTD

1 Month

3 Month

6 Month

1-Year

-1.30%
24.26%
-11.39%
30.05%
-27.21%
3.12%
5.02%
-15.17%
-5.61%
-3.07%
15.32%
-4.29%
-24.34%
-16.51%

2.10%
2.55%
4.44%
19.31%
-34.70%
-0.75%
3.81%
15.27%
-3.55%
2.17%
10.13%
-0.80%
-6.35%
0.39%

4.77%
-8.95%
30.13%
-12.76%
-40.08%
-16.99%
5.89%
-11.32%
-11.40%
-2.82%
6.03%
-3.50%
-5.38%
-6.15%

-3.35%
22.01%
-19.40%
42.10%
-40.19%
3.71%
6.98%
-21.93%
-6.12%
-6.44%
22.70%
1.70%
-25.25%
-27.99%

29.45%
40.58%
46.70%
118.25%
25.70%
15.85%
3.84%
-2.81%
-11.55%
28.27%
38.52%
12.44%
6.48%
14.59%

YTD

1 Month

3 Month

6 Month

1-Year

7.19%
14.07%
6.91%
-3.29%

3.49%
4.69%
1.51%
-0.85%

0.10%
-0.37%
-2.34%
-14.26%

0.62%
3.11%
-0.04%
-3.91%

38.86%
33.32%
26.85%
-3.99%

Data as of: 8/2/2011

1555 NorthPark Drive #102

Weston, Florida 33325
p 954-349-0800 f 954-349-1414

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security or financial instrument. This material is not a complete analysis of all material facts respecting any issuer, industry or security or of your
investment objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment
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instruments mentioned herein (or options with respect thereto), or provide advice or loans to, or participate in the underwriting or restructuring
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The information contained herein is as of the date and time referenced above and Horowitz & Company does not undertake any obligation to
update such information. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to
change without notice. Past performance is not indicative of future results. The investments discussed may fluctuate in price or value. Changes
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