Replies to post #21765 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[stiv]

Basic supply and demand...relatively low inventories plus anticipated cold weather demand got a lot of speculators excited.

https://www.eia.gov/todayinenergy/detail.php?id=37713

[DBS]

Ya, there was a spike last Nov due to Cold forecasts, lower than normal storage Etc, Etc and of course manipulation. LOL

Have a great day!