I know… it’s August and who wants to talk about snow and cold, but we here are known for our in depth research and foresight.
Everything we’ve been seeing from the weather models still points to a moderate El Nino. Together, El Niño and its cooler counterpart La Niña are known as the El Niño Southern Oscillation (ENSO). Between them, they’re responsible for most of the fluctuations in global weather we see from one year to the next.
This year, as our report pointed out, could be one of those years that brings a heck of a lot of cold and a heck of a lot of snow.
That being said, we recommended you get into Natural Gas, specifically the ETN (UGAS).
Personally, I have always felt that the El Nino was a term coined by radical environmentalists that hate mankind and any type of profit making machine, but that’s not the case…
Sure, they may grab on to the phenomenon and say “look! See!! It’s from greenhouse gasses! You’re killing the planet with your corporation maaaaan.”
But, it’s best to deal with these people like we do scientologists; simply roll your eyes and shake your head.
Natural Gas, as a commodity, has been steady since our report and we believe that this will remain the case.
Sure, we’ll be witnessing slight fluctuations with each part of the country that may spike because of seasonal weather trends, but don’t expect to see it run out of the $3 range to $5 overnight; there’s simply no fundamental reason of way that’s possible.
If you did jump in on our recommendation, hang in there because we do believe we’ve gotten you into a position that will end up lining your pockets with cold hard cash – it’s just a waiting game at this point.