thinking ahead

Three Coal Investments and a Sector on Fire

Sorry but I totally disagree. Coal is a very risky investment now for two reasons. First: climate change legislation. I'm not saying I necessarily agree, only that it is real and that the first giant target is coal. Second: natural gas. We are overwhelmed worldwide with this stuff. There are several new LNG facilities coming on this year to ship to the US, but we have no place for it - the shale plays have completely filled all available storage for gas. So that LNG will have to go elsewhere -- namely China. Did you see the big Exxon announcement about shipping LNG from Alaska to China recently? The signs abound. Natural gas is cheaper and cleaner. Stay away from coal, unless you are very very nimble and willing to take profits like a flash. Not for me.