I believe the North American natural gas market is much tighter than people think. Gas in storage may fall to 150 bcf below the 5-year average by the end of April. That will draw a lot of attention. It already is. Read the article below.
http://blogs.marketwatch.com/thetell/20 ... n-goldman/
Sell Gold and Buy Natural Gas
Sell Gold and Buy Natural Gas
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Sell Gold and Buy Natural Gas
“Over the previous five years the two highest conviction trades in the commodity complex were being long gold in response to the debasing actions of central banks around the world and short natural gas in response to the shale revolution,” says Goldman.
“These two trends have now likely reversed and our conviction in these new trends has risen significantly over the past month as we have introduced both going short gold and long natural gas trading recommendations.”
“These two trends have now likely reversed and our conviction in these new trends has risen significantly over the past month as we have introduced both going short gold and long natural gas trading recommendations.”
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group