My $10000 Dollars

ETFs for commodities have been increasing popular in the last few years.  Some have been so popular in fact that ETFs like UNG (US Natural Gas Fund) have run out of shares this year.  Now with ETFs come the important topic: backwardation and contango that ultimately impact your investment on commodity ETFs. Backwardation has been [...]

Natural gas futures and UNG, an ETF that is designed to track the movements of natural gas price, have been brutally damaged in the recent weeks.  It seems like the UNG appetite has been increasing more and more as the price continues its downward movement.  UNG is now faced with 10 consecutive days in which [...]