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.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (22191)8/20/2009 3:35:12 PM
From: gregor_us  Read Replies (2) | Respond to of 71479
 
What's tough is that US industry is collapsed and we have 20% more NG in storage. At least. It's really quite terrible.
americanoilman.homestead.com

That said, as long as the USD stays down below 8000 then one has to get somewhat constructive from current levels. A cheap dollar will boost aggie and light manufac exports. At least a little. We could also become a low cost fertilizer maker with NG that cheap.

Of course, the severe contango is a UNG killer. UNG really cannot win. It's doomed.

Better are just the straightforward and simple trusts.

HTH

G