Author Archives: Jason Kelly

We looked last month at the natural gas market and our $9 target for buying US Natural Gas (UNG). While the price of gas looked to us very cheap, we also found little to drive it higher. I wrote, “Probably won’t go much lower. Not much to make it go higher. What to do?” We […]

From this morning’s article by Chris Hedges at Truthdig: The chatter that passes for news, the gossip that is peddled by the windbags on the airwaves, the noise that drowns out rational discourse, and the timidity and cowardice of what is left of the newspaper industry reflect our flight into collective insanity. We stand on […]

Happy Thanksgiving, fellow Americans! Being a Colorado mountain boy, I’ve loved the cozy, warm smells of this holiday since I was short enough to win at hide-and-go-seek by just running into the meadow grass. It’s cold in them thar Rockies, you know, and nothing sets off the joys of a hot turkey meal better than […]

Richard Rhodes wrote in The Rhodes Report on Nov. 11: What we find ironic about this situation where all markets are higher except for China is that the reason the markets are higher is Chinese industrial production and retail-sales figures. To wit, Chinese factories rose to a 19-month high in October, which isn’t surprising, given […]

Last Friday, I posted a satirical article called First 100x Leveraged ETFs. It made fun of the trend toward higher leverage among ETF products. First we had the doublers (2x), then the triplers (3x), and I projected what would happen if we got up to 100x, which is 10,000% the return of the underlying index. […]