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Commodities Briefing - Categorized | ETFs / ETCs, Market Moves, Metals and Minerals more

New ETFs for metals may push prices higher

Posted on 12 October 2010

From WSJ: Metals markets are about to get some insatiable new customers with the launch of exchange-traded funds that will target industrial resources like copper, aluminum and tin.
Like the $55 billion SPDR Gold Shares, these new funds will buy actual metal, creating a conundrum for markets where supplies are already struggling to meet the demands of China’s booming economy……………………………………….Full Article: Source

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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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