Current natural gas very high contango: Should UNG really rebound?

The popular, yet perennial money-loser UNG dropped to under $5, then recovered a little:

Please consider the current contango situation, through the front month contract prices

Contango is at 4.5% on the two front months, and almost 8% from first to third month.  This is a really bad (high) number. Whenever this happens, UNG suffers.

Buyer beware.

UNG: Don't Walk, Run!

What else can be said about this dreadful ETF.

The risks and myths about gold ETFs: Does the gold actually exist?

BNN had a segment on gold and silver ETFs and the various allegations floating around that they do not actually have the gold they claim the have. The two interviewees state that they are false allegations with the purpose of selling other precious metals investments. You really never know what is behind these things.

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