boisterousbob

United States Natural Gas Fund: A Contrarian Perspective

A lot of people seem to need that warning even if you don't, because many people are surprised and dissappointed to lose money with this fund when gas doesn't move, or even rises a few
per cent.

Added missing word "rises".

On Sep 15 08:58 AM boisterousbob wrote:

> Apppro, I think you miss the point. Well maybe you don't need the
> warning but plenty of other people do. It isn't the fact that you
> aren't buying actual gas that is the issue. It is the monthly roll
> cost of a fund based on futures which show a deep contango. It would
> not be unreasonable for this fund to lose 10% a month if the price
> of gas does not move at all. A lot of people seem to need that warning
> even if you don't, because many people are surprised and dissappointed
> to lose money with this fund when gas doesn't move, or even a few
> per cent.