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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 inventories were reported today. Here is a comparison between 2009 and where we were in 2008:
The storage curve still looks awful. At the latest rate (66Bcf/week), the storage will be the same as the maximum of 2009 in 6 weeks, sometime in September. Last year this peak was around November.
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