And Today In Not Very Efficient Markets: Triple-Inverse Nat Gas ETN Goes Berserk, Explodes By $10,000 In Minutes

From ZeroHedge:

It's a quietish day in Nattie futures - down just over 2% but coming back a little now...

The NatGas term structure is 'normal'...

But you wouldn't know that if you are "invested" in the VelocityShares Daily 3x Inverse Natural Gas ETN...

For some context, this is a $12,000-plus surge in the price... as one market watcher exclaimed "something's f**king broken."...

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