Oil Rolls to $100: 10 Reasons to Go Long
By Christian DeHaemer Written May 03, 2018
There is a stealth bull market going on. It’s a market pushed by Wall Street and Saudi Arabia, which wants to IPO the world’s largest company, Saudi Aramco, at twice the size of Apple.
But there is more than that going on. Here are 10 reasons oil is back on the bull.
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Number 4 on his list is about 66 refineries currently being built around the world. You can always depend on the economy going in the opposite direction DeHaemer says it will go. I’m pretty sure the oil and gas sector of the worldwide economy will continue to climb until the end of September or beginning of October…and we may see 5% growth of the U.S. GDP during that time thanks to Trump’s policies. But, I expect a blowup in the Middle East about that time that will rock the world markets and affect the U.S. dollar directly then. So, I recommend make hay while the sun shines with your surface and mineral holdings…and put your money into TANGIBLES.