To all the jealous non investors should short whatthey could never own or trade...
I’m long UCO and I am very happy my investment is making me money...is that evil?
NOT in my court...think itis artifically too high...
THEN SHORT IT!
I’ll short it just the way I have the other “ultra” funds: when the volatility declines or reverses, these “ultra” funds slaughter the people who are long in them.
whatthey? Is that a new investment?
Seriously - the planet (and the US) has more than enough energy reserves for hundreds of years, even with no new types of energy development (bio fuels, wind, etc.). The issue is liberals/Marxists who are gunning all-out for domination at all costs.
The problem with oil futures speculation - it is contributing to, and actually giving claws to the marxists. The speculators are only too happy to see this nation destroyed if it bolsters their pocketbooks. But what happens when the demand crumbles because no-one can afford it any more - and the businesses in this country are gone? Then what happens? Oh - doesn’t matter, because by then, the speculators will have already pulled their profits out and will be happily dancing on the grave of the USA...