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Inverse ETFs that short gold, commodities see more inflows

Posted on 21 May 2013

ETF Securities short commodity ETPs continued to see inflows last week as tactical investors remained bearish gold, and a strong US dollar continued to weigh on sentiment towards commodities broadly.
Global cyclical growth indicators were mixed, with Euro area Q1 GDP and US industrial production numbers disappointing, but US confidence, US leading indicators and Japanese GDP data showing upside surprises. The one bright spot was continued inflows into palladium ETPs, which gained on news of Johnson Matthey’s forecast of a large supply deficit in 2013………………………………..Full Article: Source


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