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Thursday, July 02, 2020 1:11:51 AM
It's like an online game where you try to beat contango, by filling imaginary ships with LNG or crude, and then sell the next month contract, while you send your crew to cruise the Med for a month. Buying these commodity ETF's is a losing game unless you can hit the contango or own the storage. I barely broke even, but I am liquid today.
I could buy the ETF tomorrow, and cancel this post.
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