COMMODITY

CHARTBOOK
April 6, 2011
1555 NorthPark Drive #102
Weston, Florida 33326

www.horowitzandcompany.com
p 954-349-0800 f 954-349-1414
Precious Metals
Gold Silver
100%
35%
30% 80%
25%
20% 60%

15%
40%
10%
5% 20%
0%
0%
-5%
-10% -20%
-15%
-40%
-20%

Sep-10
Jan-10

Jan-11
May-10
Sep-10
May-10
Jan-10

Jan-11
Gold CRB Spot Metal Index Silver CRB Spot Metal Index
Source: Horowitz & Company/Bloomberg
Source: Horowitz & Company/Bloomberg

Palladium
120%

100%

80%

60%

40%

20%

0%

-20%

-40%
Sep-10
Jan-10

Jan-11
May-10

Palladium CRB Spot Metal Index

Source: Horowitz & Company/Bloomberg

Performance Since: January 1st 2010 4/6/2011

Metals
Copper Lead
40% 40%

30%
30%
20%
20%
10%

10% 0%

-10%
0%
-20%
-10%
-30%

-20% -40%

Jan-10

Sep-10

Jan-11
May-10
Jan-10

Sep-10

Jan-11
May-10

Copper CRB Spot Metal Index Lead CRB Spot Metal Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Zinc Aluminum
50% 30%
25%
40%
20%
30% 15%
10%
20%
5%
10% 0%

0% -5%
-10%
-10%
-15%
-20% -20%

Sep-10
May-10
Jan-10

Jan-11
Sep-10
Jan-10

Jan-11
May-10

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

Performance Since: January 1st 2010 4/6/2011

Energy
WTI Crude Gasoline
20% 25%

15% 20%

10% 15%
10%
5%
5%
0%
0%
-5%
-5%
-10%
-10%
-15%
-15%
-20% -20%
-25% -25%

Sep-10
Jan-10

Jan-11
May-10

Jan-10

Sep-10

Jan-11
May-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

80% 20%

60% 10%

0%
40%
-10%
20%
-20%
0%
-30%

-20% -40%

-40% -50%
Sep-10
Jan-10

Jan-11
May-10

Sep-10
Jan-10

Jan-11
May-10
Coal Dow Jones UBS Energy Index Natural Gas Dow Jones UBS Energy Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Performance Since: January 1st 2010 4/6/2011

Grains
Corn Wheat
40% 60%

35% 50%

30% 40%

25% 30%

20% 20%

15% 10%

10% 0%

5% -10%

0% -20%

-5% -30%

Jan-10

Sep-10

Jan-11
May-10
Sep-10
May-10
Jan-10

Jan-11
Corn CRB Food Index Wheat CRB Food Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Soybeans Sugar #11 (ICE)

40% 50%
40%
30% 30%
20%
20% 10%
0%
10%
-10%
-20%
0%
-30%

-10% -40%
-50%
-20% -60%
Sep-10

Sep-10
May-10

May-10
Jan-10

Jan-11

Jan-10

Jan-11
Soybeans CRB Food Index Sugar #11 (ICE) CRB Food Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Performance Since: January 1st 2010 4/6/2011

Agriculture
Hogs Cattle
40% 40%

35% 35%

30% 30%

25% 25%
20%
20%
15%
15%
10%
10%
5%
5%
0%
0%
-5%

Sep-10
Jan-10

Jan-11
May-10
-5%
Jan-10

Sep-10

Jan-11
May-10

Hogs CRB Food Index Cattle CRB Food Index

Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Cotton Lumber
120% 70%
60%
100%
50%
80%
40%
60% 30%

40% 20%
10%
20%
0%
0%
-10%
-20% -20%
Sep-10

Sep-10
May-10

May-10
Jan-10

Jan-11

Jan-10

Jan-11
Cotton CRB Commodity Index Lumber CRB Commodity Index

Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Performance Since: January 1st 2010 4/6/2011

 Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Energy
Heating Oil Uranium
30% 60%

50%
20%
40%

10% 30%

20%
0%
10%

-10% 0%

-10%
-20%
-20%

-30% -30%

Sep-10

Sep-10
Jan-10

Jan-11

Jan-10

Jan-11
May-10

May-10
Heating Oil Dow Jones UBS Energy Index Uranium Dow Jones UBS Energy Index
Source: Horowitz & Company/Bloomberg Source: Horowitz & Company/Bloomberg

Performance Since: January 1st 2010 4/6/2011

 1555 NorthPark Drive #102
Weston, Florida 33325
p 954-349-0800 f 954-349-1414

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