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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: profile_14 who wrote (123842)8/31/2009 5:22:14 PM
From: Salt'n'Peppa1 Recommendation  Read Replies (1) | Respond to of 206223
 
profile, I didn't write that. I am suggesting nothing. S&P.



To: profile_14 who wrote (123842)8/31/2009 6:13:31 PM
From: Ed Ajootian  Read Replies (1) | Respond to 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.



To: profile_14 who wrote (123842)8/31/2009 9:13:46 PM
From: Think4Yourself  Read Replies (1) | Respond to of 206223
 
In the last few days I have read in several E&P 10-Q's that there is a very real concern about credit lines being cut off. The managements are very concerned, so I would be too if I were long their stock. Anyone holding a NG E&P would do well to check their debt load, cash on hand, and 10-Q comments.