Thursday, September 1, 2016

Crude Oil Outlook

Crude Oil is in the process of making its bottom. It is a complicated bottom but yes, crude oil is making a bottom. I would not necessarely buy crude oil right now but in 2 or 3 years we will see that this was a bottoming pattern in oil. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)

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.