RE:They should close this etf downNo way...the fees are far too profitable..
I lost enough to buy a fine Mercedes or Porsche. I'll have to settle for a picture.
Similarly, USO will be rejigged and not closed....think fee income. $$$$$
but OIL has been folded in the US.
Trouble in oil ETF land rumors of hedge fund failures...
Yes, I think hundreds of millions went to money heaven last week.
Who would have thought....it was totally out of left field.
Please be careful people.