Rocknbob

More on the Dangers of Leveraged ETFs

the referenced ETFs, DUG, UNG and USO are not leveraged, i believe , since they are meant to track variatiions in Oill and Nat Gas on a 1 :1 basis.How can they be? Are the references in the title erroneous? Am I wrong?

Natural Gas Continues to Head Lower

Or to rephrase your title:
And/or Oil Will Grind Higher..
Ratios tell us nothing concrete about absolute values.

Commodities Meltdown as Dollar Surges

to bowman 711: you make a lot of sense ; people get a false sense of security just before the election, benchmarks soar for a while, then a reversion to a sinking dollar and higher comm prices may take over , maybe even before years end...