Speculators Moving into the Natural Gas Space?

With almost every commodity known to man (not named cocoa or natural gas) sent to the stratosphere in 2010, one needs to ask if the speculator class will finally start pumping up those few left behind.  Since supply and demand as a reason for prices to adjust is “so 2004”, it need not matter if U.S. physical inventories of natural gas are bursting at the seams… we have a fiat money tsunami to push into the market (every market) and we can only run up silver 2-3% a day, so many months in a row.   Don’t look now but guess what commodity got 2011 off to a hefty start?

If this continues (clearing $5 will be important), just another one to add to the list of price pressures on both consumer and producer in the year ahead – as always, it won’t matter until it matters.

Disclosure: No position

About Mark Hanna 543 Articles

Affiliation: Hanna Capital, LLC

Mark Hanna is President and Owner of Hanna Capital, LLC, a registered investment advisory firm. Mark has been a follower of markets since the late 80s, with a focus on individual equities since the mid 90s. He has been a well known commentator in the financial blogosphere for the past 5 years, following a career in corpoporate finance and accounting. Mark attended the University of Michigan where he graduated with a degree in Economics.

As an avid reader, Market Montage is the personal blogging site for Mark to share his views on economics, markets, and the like. Occasional cynicism and wit shall be deployed in his postings.

Follow Mark on Twitter @fundmyfund.

Visit: Market Montage

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