Thursday, August 27, 2015

Crude Oil: Higher In 2 Or 3 Years

Jim Rogers expects crude oil to be trading higher from the current levels in 2 or 3 years even if we have a global recession.

Tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), Transocean (RIG)

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.