Barclays Capital blows cold on base metal ETP’s

Mineweb.com reports that, according to Barclays Capital, base metals ETPs are not likely to appeal to investors in the way that precious metals ETPs do.

The editorial is quoted as saying:

Physically backed exchange-traded products for base metals are unlikely to draw the kind of investor money precious metal ETPs did as metals like copper are worth less to small investors than gold, a senior BarClays Capital researcher said on Thursday.

To access the full editorial, click here.