Re: NG futures
in response to
by
posted on
Aug 21, 2009 08:14PM
(Edit this message through the "fast facts" section)
yes exactly Inceptus. I even read that some money from gold investment(thats why it droped about 2$ yesterday) has gone to equities/stocks, cause they have found out that the NG shares have stoped falling and they can have a very good opside when markets runs again. It's value/currency protection and a very good one if you ask me:)
Maybe we also can have the hope that even more powerplants will use NG at this 7 year low price, also to meet CO2 reduction standards. Everybody also thinks this may be the bottum for the NG price, anyway how much more could it fall. Gold could be headding for 1000$ and above(if it stays above 945$) NG shares could be the best investment the right now.