Wednesday, August 26, 2015

Crude Oil: A Bottom Later This Year

Jim Rogers explains that the energy complex is in the process of making a complicated bottom and that crude oil may bottom later this year or in early 2016.

Tickers: Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.