Investor612

Natural Gas Prices Set To Surge - Canaccord

Aug 14 08:17 PMI sleep just fine and I'm not eating cat food--yet. My 401K has taking a beating this year and Fidelity only gives me a few options. I read these blogs to try to be more informed. What I find is pretty big disconnect between the folks who can afford to sit around using money to make more money vs people who actually WORK for what they earn like most of the working stiffs in this country. Commodities like energy, grains etc.. have been at the mercy of outside monies lately and just when things look like they might start reflecting their true value based on supply and demand we get talk like nat'l gas in undervalued. Make your money while you can because when the middle class finally disappears this country is done. >robco

Lou Dobbs is posting here? Who knew? In spite of all the gloom and doom from the middle class is disappearing folks, the number of Americans in the lowest net worth categories keeps dropping.
One wonders who the poster thinks should determine "fair value" if not the marketplace? An Obama appointee? The same process of willing buyers and sellers to stick their necks out and commit to long term contracts determines the price of wheat,corn, soybeans, and coffee too. Yet, when they rise one seldom hears the cries to get rid of speculators. That's because to anyone remotely aware that the speculative trades require buyers and sellers, this notion they create some artifical value is absurd.
The poster should do himself a favor and look at the supply/demand of energy. he should also consider that not all reserves are created equal and that the reserves oif today are much more difficult and expensive to extract. than those in the past.
One more thing, most of the people the poster denigrates for being able to sit around and use money to make money instead of working probably worked very hard and industriously for living to get to that point. They also, like Robco, are probably having a lousy year this year-using money to lose money. but then, some people like to find scapegoats to blame their problems on.