ValueInvestor

Commodities: How to Trade Like Goldman Sachs

Where does this author come up with these calculations? Does he know how the futures market works? You can't simply buy Nat Gas at todays price of $4.90 and hold it for 12 months.

"Goldman is very bullish on Natural Gas. Their 3 month price target on Nat Gas is $6.50 while their 12 month target is $7.70. That is a 33% and 57% expected climb."

Uhmm, the 3 month price (March 10) is currently at $5.30 meaning an increase to $6.50 is only a 22.6% increase and the 12 month price (Dec 10) is currently at $6.60 meaning an increase to $7.70 is only a 16.6% increase.

Learn how the markets work before posting junk like this.