Thursday, May 12, 2011

Commodity sell offs? Not at all; investors use lower prices to flock in oil and agriculture ETFs concerned with inflation

Following the commodities sell offs that started last week, USO, and MOO are the two ETFs that have attracted the most money than any other U.S. exchange-traded fund in the past week.


A report by XTF Inc. says that USO oil attracted $514.4M in the past week, while its agriculture counterpart  received $500.9M.

It appears that investors still do not believe in the U.S. dollar  and are betting or insuring themselves against inflation.

We track all commodities ETFs live on this site.

Read Bloomberg report.

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