The top 100 stock
market authors
selected for publication
market authors
selected for publication
axelrod608
»
Comments
» ACI
You are currently following axelrod608
Stop FollowingYou are no longer following axelrod608
-
474
)
The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities [View article]
Short term, maybe. We still have the problem of foreclosures thru 2013, and unemployment-related consumer spending decreases to weather. But when the reality of compounded 9% annual oil production decreases (IEA) hits home, the bull market in oil will make Pamplona look like the running of the squirrels. I'm loading up on Canadian oil trusts and American MLP energy producers.all of which pay regular dividends. When oil gets back on the escalator - and it will - I'm gonna be set. It may take a year or two or five. In the meantime the dividends keep giving me a reserve in which to keep buying more. Steel, shmeel. We WILL keep on burning oil in large quartities. And it won't go out of style until it's all gone.
The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities [View article]
I know no 100% accurate traders. So I like to listen to all sides of the discussion and sort out which makes sense. To me.
Ignore the critics. The only critic I pay attention to is my bottom line. I'm still ahead - barely - year-to-date. And I've ignored a LOT of advice from "experts".