Originally Posted by highpsiguy
Trade of the year: HND
Levered inverse natty gas ETF in Toronto.
I guess I am taking a bit of an opposing stance to you on this one haha
Oil/Nat gas ratio is at historic extremes. Geo-political/petro politics makes oil as a long term energy solution less viable.
Here is my thesis: .Gov gets their act together and makes nat gas a legitimate alternative. It can be used with the right infrastructure in place.
Additionally, why would you short an asset at such a relative (to other commodities) historic low? It's down ~ 75% from the peak...hasn't the easy money been made? Sure, there may be SOME money left to be made. But you may also be risking the mother of all short squeezes (like we saw in silver last year).