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


To: ayn rand who wrote (22278)8/23/2009 4:22:22 PM
From: Real Man  Read Replies (1) | Respond to of 71479
 
Yep, the fight to channel printed dollars back into the stock market,
where they usually ban shorting. Just as the shorting ban caused
a crash a month and a half later, this action will cause a crash up
due to shortages soon enough. Might as well just get long
the damn futures.



To: ayn rand who wrote (22278)8/24/2009 1:32:24 AM
From: axial1 Recommendation  Read Replies (1) | Respond to of 71479
 
Depends what people want. Do they want to empower investors and the financial community, or do they want fair and orderly trading in commodities?

I would gladly forgo my ETF gains, and return to a market where non-commercial speculators were given position limits in crude, just as they are in other commodities.

It's too rich, seeing the financial community pose as the friend of the little guy. What's more, end-users are paying, just as they did with Enron.

Of course, producers, crude investors and the financial community love it - they could care less about the distortion of true supply and demand, or who pays, just a long as they profit. Crude investors get the leavings, producers and the financial community make the real money.

To date I have seen no post by any individual that recognizes the game being played in crude, even by banks. Tens of millions of barrels are being held out of inventory, swapped among non-commercial players for profit, driving up futures - and everyone's happy.

Except the poor family that should be paying less for gasoline or heating oil, trying to get ahead. They don't even know what the suits are doing to them.

Jim



To: ayn rand who wrote (22278)8/24/2009 2:50:34 PM
From: Horgad  Read Replies (1) | Respond to of 71479
 
Somebody suggested SJT and HGT not long ago to use as a substitute for UNG. I think there is good reason to go that route:

1. avoid contango problems
2. avoid commodities ETF regulation changes
3. they track pretty close to UNG and price of natural gas
4. collect dividends while you wait for nat. gas price to treble
4. potential for some paired trades if you are into that

Downside is that SJT and HGT may have already bottomed and are diverging up away from UNG.

tinyurl.com

Note: SJT was getting about 98% of it revenue from natural gas and 2% from oil, but that has probably shifted slightly now. I have not looked that close at HGT yet.