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  • Natural Gas ETF Suspends New Shares: Are There Alternatives?  [View article]
    The problem with becoming a closed-end fund is that no new capital is entering the ETF. Thus, with a fixed capital base and very high rollover costs due to the huge contango in natural gas, the fund will rapidly loose its capital.

    Look at this table: www.unitedstatesnatura...

    UNG holds September contracts and plan to sell for $3.238, but must buy the October contracts for a minimum of $3.638. An instant ~12% hit! If the fun keeps loosing money this way, the NAV will be HALVED in 5 - 6 months!
    Aug 17 21:13 pm |Rating: +2 -2 |Link to Comment
  • Barron's Banks on $100 Oil [View article]
    NYMEX will be out of business real soon
    Jun 22 16:05 pm |Rating: 0 0 |Link to Comment
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