No one is talking about the bigger story, which is natural gas up about 10% in two days:
futuresource.com
That's the equivalent of $5 in oil and over $40 in gold.
Just to keep the record straight about my serious investments, any new money I have available to go into energy investments will go into OST.UN, the leveraged derivative of COS.UN, the Canadian Oil Sands Trust. My largest holding, by far, is ES (EGYSF pinks), the diversified, leveraged, closed-end energy-trust fund. I have a lot of small positions in other energy stocks. Most recently, heeding Jim Rogers's excited comments on sugar, I have been buying RSI.UN (RSGUF pinks), the Rogers SugarIncome Fund, which pays a 9% dividend and as best I can tell should move in sync with the price of sugar. |
