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.
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Showing posts with label United States Oil Fund LP ETF (USO). Show all posts
Showing posts with label United States Oil Fund LP ETF (USO). Show all posts
Thursday, September 1, 2016
Thursday, August 25, 2016
Alternative Energy Is Not Competitive
There is alternative energy but it is not very competitive if crude oil is at 50 dollars a barrel. Most alternative energy has to be subsidized by some government wether it is sun power, wind power, they are not great yet.
At 300 dollars a barrel for crude oil they will be very competitive but at the moment we have 50 dollar a barrel oil. (PowerShares WilderHill Clean Energy ETF (PBW), 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.
At 300 dollars a barrel for crude oil they will be very competitive but at the moment we have 50 dollar a barrel oil. (PowerShares WilderHill Clean Energy ETF (PBW), 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.
Wednesday, August 24, 2016
Crude Oil Prices Will Be Much Higher In 2 or 3 Years
Oil prices hit bottom a few months ago and now they are going up again because low prices bring high prices. Producers cut production, others go bankrupt and people consume more so prices go back up. Prices will be much higher in 2 or 3 years. (United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Nymex Crude Oil futures, Exxon Mobil (XOM), Marathon Oil (MRO))
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.
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.
Friday, May 20, 2016
Commodities Will Trade Higher For A While
I suspect are making a bottom, a complicated bottom for most commodities and they will be going higher for a while. (United States Oil Fund LP ETF (USO), PowerShares DB Agriculture Fund (DBA))
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.
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.
Monday, May 16, 2016
Crude Oil: Know Reserves Have Been Declining
Know reserves of oil have been declining all over the world for several years except for fracking but fracking cannot make money , they need to have very high prices and of course fracking does not work everywhere. Unless something happens we are going to have a hydrocarbon crisis sometime in the next century. (Energy Select Sector SPDR ETF (XLE), 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.
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.
Thursday, March 31, 2016
Natural Gas: Low Prices Will Eventually Lead To Much Higher Prices
As we know from history, low prices lead to higher prices. The solution to low prices is low prices and exploration is being cut dramatically everywhere and that is going to eventually cause much higher prices for Natural Gas and energy in general. (United States Natural Gas Fund, LP (UNG), 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.
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.
Wednesday, March 23, 2016
We Do Not Have Any Deflation, We Have Inflation.
There is no question that oil prices are down, which means that if you go to the gas station you pay less. But maybe you do not do any shopping, maybe your butler does your shopping. The rest of us we know that insurance prices are up, education prices are up, entertainment prices are up, automobile prices are up.
Very, very few things that anyone can name that are actually down. The Government tells us that there is no inflation that people write to me all the time and ask me where does the Government shop?
Related: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Wal-Mart (WMT)
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.
Very, very few things that anyone can name that are actually down. The Government tells us that there is no inflation that people write to me all the time and ask me where does the Government shop?
Related: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Wal-Mart (WMT)
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.
Wednesday, February 24, 2016
Crude Oil: Production Is Being Cut
It is happening but many oil wells you just cannot close them down, in the North Sea for instance, many Russian oil fields you just cannot close them down. First and second of all, many people do not believe when prices are down, it takes a while for it to stink in that they really want to close their fields.
But its happening, its happening now, massive cuts are being made in exploration budgets, it is happening.
(United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), 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.
But its happening, its happening now, massive cuts are being made in exploration budgets, it is happening.
(United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), 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.
Tuesday, February 23, 2016
Crude Oil: It Will Go Back to 150 Dollars A Barrel, Eventually
Will it go back to 150 dollars? Not anytime soon. Will it get there? It certainly will get there eventually and if there is a war if it will get there soon but otherwise its going to take a while. Know reserves of oil worldwide continue to decline except for fracking and fracking cannot make money except at very high prices. (United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP))
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.
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.
Monday, February 22, 2016
Crude Oil: Production Cut, Venezuela, U.S. Fracking
Not yet. This is not really news, it is publicity. Remember, they have to get everybody to agree, including Venezuela and Venezuela cannot really afford to cut production. And the fracktors in America? Nobody can go to several thousand fracktors and say, "You have to cut production." You just cannot organize it and they will not do it anyway. (Exxon Mobil (XOM), Marathon Oil (MRO), United States Oil Fund LP ETF (USO), ConocoPhillips (COP))
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.
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.
Monday, January 18, 2016
In A Serious Panic, Crude Oil May Hit 20 Dollars
As you know, normally when prices go up, they go up too high and turns into bubbles and hysteria and when they go down, panic and fear sets in and markets overreact to the downside.
It looks to me that we are going to have an overreaction in many markets on the downside. How low can Crude Oil go? I think I have said 32 dollars a barrel last time. But who knows? If the kind of panic that we see now sets in, you pick the bottom. I do not know. I am not smart enough. People talk about 20 dollars a barrel. Why not in a serious panic? That is not my prediction but it is what some people are saying and in a serious panic everything overshoots on the downside.
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.
It looks to me that we are going to have an overreaction in many markets on the downside. How low can Crude Oil go? I think I have said 32 dollars a barrel last time. But who knows? If the kind of panic that we see now sets in, you pick the bottom. I do not know. I am not smart enough. People talk about 20 dollars a barrel. Why not in a serious panic? That is not my prediction but it is what some people are saying and in a serious panic everything overshoots on the downside.
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.
Friday, January 8, 2016
Crude Oil: How To Look For A Bottom In Prices
Oil seems to be making a complicated bottom. I am not a technician but I know how they think. And when a lot of bad news come out and oil does not go down maybe it is making a bottom. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE), Marathon Oil (MRO), ConocoPhillips (COP), Exxon Mobil (XOM))
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.
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.
Tuesday, January 5, 2016
Investing: Russia, Oil Producing Countries
If that happens, if oil stabilizes or rallies, you should put a lot of money into Russia (Market Vector Russia ETF Trust (RSX)) or Kazakhstan and some other countries that are being killed by the price of oil (United States Oil Fund LP ETF (USO).
Related stocks: Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP)
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.
Related stocks: Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP)
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.
Thursday, December 17, 2015
A Crisis Would Be Bullish For Gold
Low prices for many people will be crisis. If the price of gold goes to 900 dollars / ounce a lot of people will see it as a crisis because a lot of people believe that gold is holy and it can never go down. That would be a crisis in price.
Certainly if war breaks out in the world that will make gold go up, it will make crude oil go up. Everything will go up, oil, agriculture, gold. Yes, a crisis would be bullish for gold as low prices would be good for gold. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE))
Tuesday, December 15, 2015
Crude Oil: Supply Will Be Cut Back
At the moment as you know it is not profitable to drill nearly anywhere in the world at these prices so a lot of drilling is going to be cut back, few wells are going to be built. This is going to last a long time, this will last a long time when it turns. (United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Energy Select Sector SPDR ETF (XLE))
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.
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.
Friday, December 11, 2015
Crude Oil: This Will Be A Great Opportunity
Somewhere along in here this is going to be a great opportunity to buy oil, to buy Russia (Market Vector Russia ETF Trust (RSX)), to buy countries that produce oil. It is going to be a wonderful opportunity before too much longer.
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.
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.
Wednesday, December 9, 2015
Crude Oil: There Will Be Wonderful Opportunities
I thought that crude oil had stopped going down whatever bad news came out but obviously more bad news came out and it kept going down. So what I said at that time was that you could start buying a small amount, I did buy a small amount but now I am not buying.
It looks to me when you have something like this happening it usually develops momentum and goes down for a while. But somewhere along the line there is going to be a great opportunity to buy crude oil, to buy Russia, to buy countries that produce oil. It is going to be wonderful before too much longer.
Related ETFs: Market Vector Russia ETF Trust (RSX), United States Oil Fund LP ETF (USO), iShares MSCI Emerging Markets Index ETF (EEM), Energy Select Sector SPDR ETF (XLE)
It looks to me when you have something like this happening it usually develops momentum and goes down for a while. But somewhere along the line there is going to be a great opportunity to buy crude oil, to buy Russia, to buy countries that produce oil. It is going to be wonderful before too much longer.
Related ETFs: Market Vector Russia ETF Trust (RSX), United States Oil Fund LP ETF (USO), iShares MSCI Emerging Markets Index ETF (EEM), Energy Select Sector SPDR ETF (XLE)
Friday, December 4, 2015
Energy Prices: Making A Bottom
I have noticed that energy prices do not go down much, they do not collapse, even when there is bad news. Usually, when there is bad news and things do not continue to go down, it is likely making a bottom. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil futures)
Tuesday, September 22, 2015
If Crude Oil Goes To 20, Buy All That You Can
Crude Oil is probably making a bottom but if the global economy goes into recession and Crude Oil goes to 20 dollars a barrel we should buy all we that we can.
Related ETFs: Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO),
Related stocks: Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Halliburton (HAL)
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.
Monday, August 31, 2015
Commodities: Supply & Demand
Jim Rogers explains why commodities can rally even with a declining demand.
Tickers: United States Oil Fund LP ETF (USO), SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)
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.
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