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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: profile_14 who wrote (123842)8/31/2009 6:13:31 PM
From: Ed Ajootian  Read Replies (1) of 206223
 
profile, great post (albeit mis-directed). It engendered a few questions:

1) Why would a devaluation of the dollar have much impact on US natty prices (given that most of the natty consumed here is also produced here)?

2) Any idea how GLD is able to avoid the problems encountered by UNG and USO?

3) Not sure I understand your point about the "roll" of the UNG and USO futures contracts. I've looked briefly at the price charts of both of these ETF's to try to see if there were any tradeable situations going on during each of their roll periods and couldn't find anything, at least for relatively recent trading.
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