Friday, July 17, 2009

Before You Blame Speculators for Oil ETF Moves…Could You Be One?

From Tom Lydon at ETF Trends....

Oil prices are nowhere near steady, and investors are perplexed as they try to figure out why. Analysts believe that there is one thing that is creating these gyrations in shares prices and exchange traded funds (ETFs): the dreaded speculator. But before you get out your torches…could you be one, too? What’s behind the wild gyrations in oil prices? Market watchers believe it is the investors themselves, the so called speculators.....Complete Story

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