ETF on OIL ???

Discussion in 'ETFs' started by SethArb, Apr 6, 2006.

  1. saw some news about this new product
    awaiting approval to trade on the amex
    symbol "USO" ?

    anyone have info on who is behind it ?

    I saw a link to the following website
    but it looks like someone bought a
    domain name ... could have been anyone

    www.unitedstatesoilfund.com

    :p
     
  2. this will be interesting ... some folks have been claiming that the upcoming silver ETF (?)
    will mark a short term top (?) in the silver market

    so it will be interesting to see if this new ETF that tracks Crude OIL will have any impact on
    the recent move up in oil prices sentiment wise
    or otherwise funny that nobody is saying that
    this ETF will remove product from the market
    like the gold ETF and possible silver ETF have or will do ... perhaps I need to read the prospectus
    on it ...

    :p
     
  3. zdreg

    zdreg

    country etf take years for sec approval. how long did it take the silver etf which is about(?) to trade?