Scottsdale Futures and Options Limited Held Emergency Analyst's Circle Forum

London, United Kingdom, March 18, 2009 --(PR.com)-- Due to last week’s four-day rally in the U.S. stock markets, the Dow, S&P and Nasdaq Composite are lingering in negative territory for the year as the three, Scottsdale Futures and Options Limited decided to conduct an emergency Analysts Circle Forum.

The company conducted an extensive analysis on the futures market and concluded that Metal ETFs are showing a great potential in the market despite of last week’s four-day rally in the U.S. stock markets.

The Dow, S&P and Nasdaq Composite are lingering in negative territory for the year as the three major indices are currently down 17.7%, 16.2% and 9.3% respectively as of Friday the 13th close. Investors who may be more risk averse can find some comfort in metals Exchange-Traded Funds as precious metal futures serve as safe-haven plays.

The forum wrapped up in giving focus to metal ETF's as Gold managed to settle above $1000/ounce on February 20th when its front contract for April delivery closed at $1002.2/ounce, a level not seen since its record peak close of $1004.3/ounce on 3/18/08. Investment inflows of gold bullion-backed ETFs such as the SPDR Gold Trust have seen gains as well.

###
Contact
Scottsdale Futures and Options Limited
Richard Smith
+44 20 3026 1592
www.scottsdalefutures.com
ContactContact
Categories