ETF Securities was able list their zillion commodity ETFs in London. The image to the left has the ticker symbols for all of them in the Yahoo Finance format. You can click through to the link above for more information.Anyone interested in trading any of these will have to wait a while. New foreign issues need to go through what is called a seasoning period which lasts for 40 days before they can be accessed through US brokerages.
The point here is not tell anyone to trade or invest in these funds but it makes staying generally in touch with commodity prices a little easier which is not a bad idea.
One detail for you is that these funds are priced in US dollars even though they trade in London.
2 comments:
Roger,
I know this is not a ETF question, But I am curious, The Market has had a major upswing in the last 60 days. With the Dow at a new high and all do YOU expect a correction soon and if so how big?? What do you see short term for the major stock markets??? Appreciate concise answers.
I would expect alot of choppy, sidways trading, with a small uptrend. I'd recommend looking for emerging market ETFs which have been excellent past few months, and stocks related to natural gas and heating oil, the price of which is set to spike nicely this winter, given the most recent oil and distillate inventory numbers.
Post a Comment