SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: RonMerks who wrote (11172)8/15/2008 1:43:41 PM
From: Bert  Read Replies (1) | Respond to of 50670
 
It might be time to cover that natgas short.



To: RonMerks who wrote (11172)8/15/2008 2:02:22 PM
From: roofgoat1  Respond to of 50670
 
RonMerks, just an uneducated observation regarding Natural Gas and Nat Resources in general. I guess I just don't get it.

So NatGas has been getting hammered. Great. But I can just see the headlines this winter regarding customers NatGas bills being explosive again. I'll hear from these companies like Peoples Gas giving excuses why home heating bills are so high. I guess NatGas price be damned.

How about metal. All I hear is that commodities related to metal/steel are done. US demand is dead. Then why I am paying 25-30% higher for my metal T-Posts than last year? T-Posts are used by ranchers or farmers to build fencing.

Last year around $3-3.15, now $4.25. A few years before I heard around $1.75 to $2.00.

I find it amazing that the resource prices are going lower (and the miners), but what the retailer pays goes up.

I bet corn could freefall, but the feed I buy at the farm store will not.

Am I missing something.