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Aluminum most likely first fund product, survey shows

Posted on 12 October 2010

From Bloomberg: Aluminum is most likely to be the first industrial metal used to back an exchange-traded product in a market where $100 billion has already been invested in precious-metal funds, a survey of analysts showed.
Aluminum was the top candidate for 14 of 16 analysts and traders surveyed by Bloomberg. More of it is produced than all other non-ferrous metals combined. Tin was the least likely because it has the smallest stockpiles……………………………………….Full Article: Source

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VRS - who has written 36130 posts on Opalesque Commodities Briefing.


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