Natural Gas Monthly Chart
Crude Oil Monthly Chart
A McKinsey report says that an oil shock is inevitable. How can you profit from this if it happens?
One way is to buy crude oil ETF/ETN or to invest in companies in the industry. Another is to buy natural gas because it is another energy source.
You can buy natural gas ETF through UNG. Look at the charts for crude oil and natural gas. You can see that natural gas price continues to stay low while crude oil has rallied almost 70% from its low. For those that like bottom fishing, I think that UNG is a good investment. The price should turn up when the emerging markets can grow their economy without relying on the Western countries consumption.
One way is to buy crude oil ETF/ETN or to invest in companies in the industry. Another is to buy natural gas because it is another energy source.
You can buy natural gas ETF through UNG. Look at the charts for crude oil and natural gas. You can see that natural gas price continues to stay low while crude oil has rallied almost 70% from its low. For those that like bottom fishing, I think that UNG is a good investment. The price should turn up when the emerging markets can grow their economy without relying on the Western countries consumption.
No comments:
Post a Comment