03.02.2014 - Is there still opportunity in the natural gas space?
Weve got to talk about natural gas, because its 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 youd 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
Print