Larry Berman CFA, CMT, CTA
iShares Natural Gas Commodity ETF
GAS-T
DON'T BUY
Jul 14, 2014
Has futures contracts underlying it. There is net asset erosion over time because of rolling over contracts. He does not think any of these are really great for long term hold. Prefers companies who explore like FCG-N and ZJN-T.
Likes natural gas. The further up that oil goes the better chance for natural gas to go up. Typical of supply and demand and there is a lot more supply than demand. You could bet on the commodity through this and longer term do quite well.
Natural Gas Commodity ETF. This trades an awful lot like a commodity because it’s based on Canadian gas contract. He doesn't like it because he just doesn't know what it's going to do.
There is a huge amount of natural gas coming out of fracking in the US. It may be worth looking at now. It is possible that the US could be self sufficient for energy within a decade. It may be time to be looking at Nat. Gas.
Has futures contracts underlying it. There is net asset erosion over time because of rolling over contracts. He does not think any of these are really great for long term hold. Prefers companies who explore like FCG-N and ZJN-T.