Despite Dedicated ETFs, No Reliable Way to Play Natural Gas [View article]
Mr. Rafat wrote:
"Some people contend that a reliable tracking product must store the underlying physical commodity, and it is almost impossible to store sufficient amounts of natural gas. Yet, storage problems didn't stop Wall Street from having Gold and Silver ETFs. If Wall Street has products that hold gold and silver, why not natural gas?"
How much storage space do you suppose is necessary to store say $1000 of natural gas compared to the same value of gold (1 ounce)? Any concept of the differences in the expenses of storage coming through?
Despite Dedicated ETFs, No Reliable Way to Play Natural Gas [View article]
"Some people contend that a reliable tracking product must store the underlying physical commodity, and it is almost impossible to store sufficient amounts of natural gas. Yet, storage problems didn't stop Wall Street from having Gold and Silver ETFs. If Wall Street has products that hold gold and silver, why not natural gas?"
How much storage space do you suppose is necessary to store say $1000 of natural gas compared to the same value of gold (1 ounce)? Any concept of the differences in the expenses of storage coming through?