Bespoke posted on their website their regular Commodity Snapshot:
"Orange juice has gotten off to a nice start (+13.15%), while natural gas has once again resumed its seemingly perpetual decline (-13.75%). Platinum is the second best performing commodity shown with a gain of 5.34%, followed by gold at +1.59%, and oil at +0.34%. While gold and platinum are up in 2010, silver is down 2.69%."
When I read the words, "seemingly perpetual decline" I immediately thought "bottom". But interestingly enough the CEOs of natural gas related companies like Chesapeake Energy (CHK) or SandRidge Energy (SD) are very bearish on the commodity and are directing resources from natural gas to oil. Chesapeake Energy (CHK) CEO was interviewed by Jim Cramer recently and Tom Ward, SandRidge Energy`s CEO hosted SD`s conference call last Friday.
Related ETF`s: iShares Silver Trust (ETF) (SLV), SPDR Gold Trust (ETF) (GLD) , United States Oil Fund LP (USO),
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