Coal ETFs Surge as Floods Threaten Production
January 05, 2011 at 18:00 PM EST
Coal exchange traded funds (ETFs) are on the winning end as cold weather hammers the East coast and floods plague the land down under. It’s a perfect storm…for Market Vectors Coal (NYSEArca: KOL) and PowerShares Global Coal (NYSEArca: PKOL), both of which are up more than 5% as a host...