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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Ed Ajootian	8/28/2009 8:28:28 AM
	2 Recommendations Read Replies (1) of 206223

UNG's premium now up to a staggering 16.5%! It will be interesting to see how high this ultimately gets during this upcoming shoulder season. Robry's LT model is getting better every week, but it still is calling for a Fall storage peak of 4.05 TCF. EIA recently nudged up their estimate of max storage but even after that it is 3.9 TCF if I understand correctly. The Canadians continue to dump their gas down here even though prices have sunk below $2/mcf up there. Not sure how much sense that makes but they are doing it.

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