I'll go on record and say I wouldn't be buying natural gas (and certainly not UNG) until we get through September/October and see that containment isn't an issue.
As for investors interested in commodities, the Swiss-born investment advisor said natural gas would be his best pick, adding crude oil prices will undergo corrections in the coming months. ``Natural gas is cheap, compared to crude oil. I would buy natural gas. Oil was traded as low as $32 per barrel late last year but has jumped to $72. From a pure demand and supply perspective, the demand from both advanced and emerging economies is not strong. But in the long-term, prices will be much higher than now,'' he said.
Playing the Sugar Rush
15 years ago