iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,706 Blog Posts

Natural GasFAGS — GET IN HERE NOW — and Explain This Shit

San Antonio is enduring the coldest Autumn in 102 years. A severe cold front is coming, and it’s going to break your fucking balls off. Meanwhile, we’re fracking fast like motherfuckers, liquifying the gas, and shipping it overseas for extreme profit.

You didn’t think I could resist the temptation to talk about the UGAZ/DGAZ dilemma — did you?


Fucking


Scam

These Velocity motherfuckers should be drawn and quartered. How many people just got wiped out in DGAZ? This is a trade that was supposed to be easy — because natty never goes higher. We get a 6 standard deviation move in UNG and everyone loses their god damned minds. Fucking UGAZ is the new TLRY and DGAZ is in the graveyard, visiting XIV.

Levered ETFs are evil, especially when a squeeze is on.

I haven’t taken the time to read the prospectus for DGAZ — but something tells me those clowns are about to get vehicle’d and wiped from the earth.

Headline news to come — a bastard cold front is coming to break your fucking water pipes in half, causing severe damage to your piece of shit homes.

Look at that cold front, boy.

Odds are, natty trades to $7, maybe even higher. There is nothing stopping it now and the shorts are panicked, about to get their jawbones crushed by coked up gorillas. I’ll be avoiding this trade, at least on overnight positions. I might take a stab at it intra-day, if only to entertain myself.

My highest confidence trade right now is gold. There’s too much fear and too much trepidation for this not to work.

Long $NUGT.

PROSPECTUS UPDATE:

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15 comments

  1. ironbird

    ‘Natural Gas” FAGS is the ultimate misnomer.

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  2. zusch

    you’re the only natgas fag i know.

    simulators are having a fuckin field day the last 4 weeks

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  3. ironbird

    The mental illness of global warming has been morphed into trannies attacking the border. Awesome times.

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  4. Lyndon Keltner

    Re: Maxine Water et al. being in charge, the 2018 midterm elections were (more than anything else) about decent human beings defeating the evil white supremacists and those who harbor them–exactly 50 years after Nixon won his first presidential election by absorbing the ex-Confederacy into the GOP.

    Trump tagged his name to the GOP candidates and he lost BIGLY (by more than 6 million votes this time) with his deplorable base.

    Moreover, to cement his demise in (or before) 2020,the voters who rejected him this time were whiter and older.

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  5. probucks

    1. Global Warming is a farce.
    2. Natural Gas always spikes higher when a polar vortex bears sweeps into the East Coast / North East.
    3. I tweeted about the DGAZ Acceleration Event triggers (@probucks_) long before Steve Place did today. Fund NAV needs to be down 85% intraday. i.e. about a 29% spike in $NG_f. We only got about about a 19% spike… so not close to a XIV style liquidation

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    • ferd

      Science is a commie plot.

      It’s cold outside right now and Al Gore flies private, ergo sea levels aren’t rising.

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  6. probucks

    1. Global Warming is a farce.
    2. Natural Gas always spikes higher when a polar vortex sweeps into the East Coast / North East.
    3. I tweeted about the DGAZ Acceleration Event triggers (@probucks_) long before Steve Place did today. Fund NAV needs to be down 85% intraday. i.e. about a 29% spike in $NG_f. We only got about about a 19% spike… so not close to a XIV style liquidation

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  7. mx2101

    Do you agree a minute and daily chart can tell a different story?
    The same applies to weather and climate.

    Save the Humans. The Earth will keep on turning.

    Humans can destroy themselves on any time frame… a few seconds or a few hundred years.

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