New ETFs could boost the price of commodities

| About: iShares Silver (SLV)

In an article in this weekend's Barron's (paid subscription required), Susan Schwendener argues that new ETFs could boost the price of commodities. She reports that according to the TIS Group's Market Intelligence Report, inflows into the gold ETFs now account for 5% of the global demand for gold. She notes that new ETFs have been filed for silver and crude oil, and claims that if the new silver ETF attracted merely 10% of the assets of the gold ETFs it would account for 4% of global silver demand.

Reminds you of the Texas Hedge piece published on ETF Investor over a week ago?