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Commodities Briefing - Categorized | Oil, Price Watch more

Is there still opportunity in the natural gas space?

Posted on 03 February 2014

We’ve got to talk about natural gas, because it’s recently been by far the most volatile commodity and, truth be told, a fantastic long-term investment for the past year. Is there still opportunity in the space? What should we make of this mercurial commodity now?
Look at a long-term chart of natural gas, and you’d have made quite a score over the last year, just by being long. Since a spot price low of under $2/mcf in the spring of 2012, we saw futures top $5.50/mcf briefly yesterday before February futures expired. Even my most hated ETF the United States natural gas fund (UNG) rallied from $18 to over $26 since early December………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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