Big K

Why I'd Buy Physical Oil, Not Energy Stocks

Reading Seeking Alpha columnists, I've come to the conclusion that they believe all assets will trend to "0" in value. Stocks, the dollar, and now, even oil. How can both the dollar and oil go to "0" and everything generally be worthless? After a 100 point fall in the price of oil, this genius is now calling a bear market in oil. Duh? Was he doing a Rip van Winkle the last several months? The most oil will go down is another $10-$20, but that is a much smaller drop than the 70% collapse we have already seen. My call is this: The bottom is already in at $40, the dollar is weaking, thus oil will now rise. Honey Bee's prediction is without basis or merit.