Investor and Commodity Funds' Rising Interest in Copper, Silver and Natural Gas
A report from Mineweb quotes John Kemp whose findings suggest that investor interest in commodities such as silver, copper and natural gas is rising, as evidenced by commodity funds switching to copper, silver and natural gas.
Here are extracts from this article:
“With funds increasing investment in commodity indices, interest is moving to reallocate funding in a more sophisticated way away from wheat and into copper, silver and gas among others.”
“Total funds have shifted away from crude, refined products and wheat towards natural gas, copper and silver.”
“In contrast, allocations to cheap natural gas futures rose (8.1 percent to 9.3 percent) as did allocations to sugar (4.0 percent to 4.8 percent), copper (3.1 percent to 3.6 percent) and silver (1.5 percent to 1.9 percent).”
“Deutsche Bank also announced it would cut weights for corn and wheat in some of its funds, while adding new contracts for natural gas, gasoline, silver, soybean oil, zinc, cocoa, coffee, cotton and cattle. The intention was to create more diversified indices while also complying with limits in corn and wheat.”
Read the article here: www.mineweb.com/mineweb/view/mineweb/en/page32.