NutritionFacts

What Natural Gas Prices Say about the Domestic Economy

Mark Anthony, excellent riposte.

Natural Gas Volatility Spiking

Huge spike down today on the storage numbers. Looks for all the world like a blow-off bottom in the price and corresponding blow-off top in the volatility of NG alluded to above.

Commodity Analysts Believe the Party's Over

Wow. Some strongly held opinions here, nearly all of them in the 'this is just the beginning' camp. The crux of the 'this is just the beginning, there is no way back' camp's argument, is that there is just too much demand and not enough supply, and the situation is only going to get worse.
Hmm. So, all of you, how much exactly of the rise in the prices of these commodities is due to 'too much demand and not enough supply'? You all implicitly believe that that, and that alone, is responsible for the rises in the prices of these commodities. I am astounded. I mean, you all have *such insight* into the individual trades pushing up these prices. You are all very lucky.
Personally, I am inclined to see the consensus of views here as the nascent beginnings at least of a contrarian indicator.