Shouldn't the Natural Gas Commodity ETF Catch Up to Its Company Cousin? [View article]
It seems most producers have hedge natural gas (NG) prices at around $7. Regardless what the current price of NG is doing, they will be making money. You have to wonder who is taking the huge losses: some hedge fund? Commodity traders? When the hedges run out, producers will find themselves in a loss making situation. Then, they must cut production like there is no tomorrow. The rig count will crash and NOT ONE RIG will be in operation. The result: a HUGE price spike.
Shouldn't the Natural Gas Commodity ETF Catch Up to Its Company Cousin? [View article]
Shouldn't the Natural Gas Commodity ETF Catch Up to Its Company Cousin? [View article]
When the hedges run out, producers will find themselves in a loss making situation. Then, they must cut production like there is no tomorrow. The rig count will crash and NOT ONE RIG will be in operation. The result: a HUGE price spike.
China & Copper: Prepare for Crisis [View article]
Bespoke's Commodity Snapshot (5/1/08) [View article]