And how can you refer to investing in Gold as "fun money" while talking about the poison UNG ETF's as solid investments... do you know what the word "cantango" means? Is this video a joke?
these ETFs face an uphill battle. Each month, they have to roll forward their futures contracts to the next month, and they explicitly give the public a range of possible dates on which those roll-forwards will happen. Even worse, nearly every month that they roll their contracts forward, they had to pay a little more on the next-month contract than the price of the current-month contract. Monthly hits added up to take away big gains from the oil ETF and cause big drops in the gas ETF.
And how can you refer to investing in Gold as "fun money" while talking about the poison UNG ETF's as solid investments... do you know what the word "cantango" means? Is this video a joke?
Trox118 11 months ago
these ETFs face an uphill battle. Each month, they have to roll forward their futures contracts to the next month, and they explicitly give the public a range of possible dates on which those roll-forwards will happen. Even worse, nearly every month that they roll their contracts forward, they had to pay a little more on the next-month contract than the price of the current-month contract. Monthly hits added up to take away big gains from the oil ETF and cause big drops in the gas ETF.
Trox118 11 months ago
What are some of the biggest oldest best natural gas etf's in your mind? Nice tan bro.
Trox118 11 months ago