My one-hundredth-and-thirty-first YouTube video “Quick Pick: U.S. Natural Gas Fund” went up today.
Natural gas hit an 18-year high in the United States on Thursday, May, even as oil was sliding. Consequently I’m looking for a pick that focuses on natural gas and not oil: my pick this week is United States Natural Gas Fund (UNG). I’ll use today’s drop in the price of natural gas and the 8.04% decline in UNG to add this pick to my Volatility Portfolio on Monday. I think that we’re going to see even higher gas prices as the war in Ukraine (and sanctions against Russia) grind on and as everyone rushes to build stock piles ahead of the winter heating season.
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Here’s the link: