Replies to post #21569 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Doubledown75]

26:1 oil to natty is pretty high.
Normal would be 15:1 if we used Henry hub spot price.
It’s kind of the same like gold to silver ratio. 1 oz of gold takes 80 oz of silver. Nothing has been relative for a decade.
Goodluck