{"id":6333,"date":"2009-12-03T14:47:24","date_gmt":"2009-12-03T19:47:24","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=6333"},"modified":"2016-09-20T05:35:12","modified_gmt":"2016-09-20T09:35:12","slug":"natural-gas-etf-ung-all-time-low-and-going","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2009\/12\/03\/natural-gas-etf-ung-all-time-low-and-going\/","title":{"rendered":"Natural Gas ETF (UNG) &#8211; All Time LOW, and Going&#8230;&#8230;"},"content":{"rendered":"<p>The cyclical nature of Natural Gas is showing no signs of changing over time. Sure, we see the trend of higher lows in term of weekly storage &#8211; meaning that there is a long-term build in inventories occurring. But almost right on schedule, inventories, while high, are starting <!--more-->to come down into the winter.<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/12\/Nat-Gas-Storage-20091203-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6334 aligncenter\" title=\"Nat Gas Storage 20091203\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/12\/Nat-Gas-Storage-20091203-1.jpg\" alt=\"Nat Gas Storage 20091203\" width=\"551\" height=\"334\" \/><\/a><\/p>\n<p style=\"text-align: left;\">The Natural Gas ETF (UNG) has been in losing money for investors, almost since its inception (Unless you were\/are short ). The causes for the under-performance have been discussed <a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/2009\/11\/16\/unnatural-gas-etf-ung-is-this-for-real\/\"><strong>here<\/strong><\/a> before and there is no reason to believe that there will be a change anytime soon.<\/p>\n<p style=\"text-align: left;\">We tried to invest in this ETF once or twice before, \u00a0 but quickly realized that is is only beneficial for a trading position as the shares are not actually indicative of rising or falling natural gas prices due to the fund&#8217;s construction.<\/p>\n<p style=\"text-align: left;\">New discoveries of natural gas have been showing up recently and the billions of cubic feet in finds should keep the price of natural gas depressed. <a href=\"http:\/\/www.unitedstatesnaturalgasfund.com\/index.asp\">United States Commodity Funds<\/a> managers need to figure out a better way to combat the wide range of rolling contract prices from the front-month to the next delivery month in order to allow some potential for investor profits. <em>a.k.a <\/em> <em>Contango<\/em>&#8230;<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\"><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/12\/unglow.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6336 aligncenter\" title=\"unglow\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/12\/unglow.png\" alt=\"unglow\" width=\"620\" height=\"376\" \/><\/a><\/p>\n<p style=\"text-align: center;\">___<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: center;\">Looking to invest in The Disciplined Investor Managed Growth Strategy?<br \/>\nClick below for the <a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\">14-minute virtual tour<\/a>&#8230;.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2009\/12\/TDIMG-1.jpg\" alt=\"\" width=\"212\" height=\"318\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: left;\">Disclosure: <a title=\"Horowitz &amp; Company\" href=\"http:\/\/www.horowitzandcompany.com\">Horowitz &amp; Company<\/a> clients may hold positions of securities mentioned as of the date published.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cyclical nature of Natural Gas is showing no signs of changing over time. Sure, we see the trend of higher lows in term of weekly storage &#8211; meaning that there is a long-term build in inventories occurring. But almost right on schedule, inventories, while high, are starting<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12,21,42],"tags":[286,490],"class_list":["post-6333","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","category-short-ideas","category-stocks","tag-commodities","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/6333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=6333"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/6333\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=6333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=6333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=6333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}