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

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From: isopatch11/3/2014 10:53:25 AM
3 Recommendations

Recommended By
Jane4IceCream
old tx oiler
Sailing2

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Another important trend that's emerged in recent months shows no sign of coming to an end:

BTU price spread between crude and natural gas, continues to narrow. While crude has has been selling off, gas has spent most of it's time range trading between 3.50 and 4.50 and appears to be in the process of moving - at least - to the upper part of that range, tacking on another 15 cents, so far today.

Disclaimer: Heavily long natural gas mineral acreage via gradual accumulation of properties, almost every year since late 2008, per prior posts here and on my own thread. Close to zero crude exposure to date. Not that anyone should care. You have to focus on what YOU are doing and I hope it's profitable for you, in the fullness of time. I'm no different from anybody else. Not all my investments have been profitable. For decades have lived to fight another day by using strict mental stop loss levels when an idea doesn't work. But this one seems to be a good LT B&H and have no plans to sell.

Just wanted to be honest about where I'm coming from.

FWIW.

Iso.

(3 yr charts are below the 5 day price snapshot)





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