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Commodity ETFs: Does everyone need energy investment?

Posted on 08 March 2011

From Benzinga.com: Last week is another strong week that saw strong ascent of commodity ETFs across the board (other than natural gas ETF (UNG)). US Oil (USO) and Silver (SLV) shot up more than 6% while broadbase commodity ETF (DBC) gained 2.56%.
The unrest in middle east drove oil prices higher again: WTI crude oil reached $104 per barrel. According to an article by Jason Zweig on The Wall Street Journal, $1.4 billion new money was poured into energy related investments in just one week ended on last Wednesday. Speculation is abound. ………………………………………Full Article: Source

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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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