iPath DJ-UBS Natural Gas TR Sub-Idx ETN (GAZ) Some people are freezing while others are planning the summer golf game. I don’t know about the average saver’s bank account but something tells me they were not making 10.25% on their accounts today.
What this graph shows you is that this speculatory fuel is headed into a bubble. It will burst. In the mean time your “cheap fuel” just went up by approximately 25%. And the story goes, you didn’t get that royalty check you were hoping for didja?(a word we in the family recognize viable to your cituation).
Stocks are always a gamble, some will tell you that some are safer then others. Commodities, in my opinion should be regulated. Call it Socialism, send me to hell for a day or two for thinking that REAL things should not be table game of the corporate elite, the 1% as we have grown to call them. If you are reading this , and you are not having servant tidy up the dishes and another shining the salt and Brine off tomorrow’s rims for your country side drive, you are one of us, the 99%. remember that term 99%??? How quickly we forget. I surely don’t. It cost me pretty price and now with my ECO backround, I need someone to take the reigns, to take the wrench. (figuratively of course).
I am not a fool, I know that gas is here to stay. Corbett made sure of that. That does not mean that we have to have the furnace set at 72 degrees, and buy junk plastic (petroleum based) products. It is our job to become frugal. To learn life skills again. To dance in the parade and not pay $6 for a bag of GMO popcorn. It’s time to rewrite the books. ƒƒƒ OCCUPY THE FARM OWS OCCUPY WALL STREET ANON EF