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More Commodity ETFs To Close?

September 3rd, 2009

johnhylandJohn Hyland the United States Commodity Funds CIO (USO)(UNG) and the Fast Money team assess whether more commodity funds will be forced to close. John questions whether the closing of the PowerShares DB Crude Oil Dble Long ETN (DXO) is actually a direct result of the position limits. He, instead, blames the closing on an increase in the cost of the swap. See the full video below:

 

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facebook comments:

  1. Johnny Toddo
    September 3rd, 2009 at 11:31 | #1

    This site is intended to give you one source for the latest daily headlines you will need to read to make informed decisions about Exchange Traded Funds

    ok, a little late on posting this

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