The rate of joblessness stayed steady at 9.7% in February, and that was good enough to whet the appetite for risk and send metals exchange traded funds (ETFs) on a tear. It didn’t hurt that Chinese officials eased fears about what its monetary tightening would do to metals demand; they stated that they plan to continue to be a major consumer of metals. Here are more stories on the subject that may interest you:
- Your Guide to Investing in Metals ETFs
- 4 Factors That Influence Metals ETFs
- Chile ETFs: The Costs of the Earthquake
- Copper ETN: Forging Ahead, or Under Pressure?
- Why Metals ETFs Are Showing Strength (Again)
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.