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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Natural gas storage was reported today as a flat 0 Bcf:
It was not an injection as we pointed out to be careful last week, but the storage line is already practically touching the top of the 5-year average channel. Therefore, natural gas remains bearish. Natural gas futures at low $3 or even $2 remain a possibility.
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