Tuesday, July 21, 2015

Iran`s Impact On Oil Prices

Iran has been selling oil, they may sell more now but do not think Iran has not been selling oil. There are plenty of people who would buy it, certainly plenty of people in Asia.

So, whatever oil they bring back on the market it is not going to be that much and certainly not that soon.

Trading tickers: Exxon Mobil (XOM), Halliburton (HAL), Marathon Oil (MRO), 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.

Monday, July 20, 2015

Nuclear Deal: It Will Lead To A Test Of The Lows In Oil

Usually when you have a big collapse in anything, it hits a bottom and then there is a big rebound, in America we call it a dead cat bounce, and then you have a second test of the lows. This is going to lead to a second test of the low. There is always a reason for a second test and now we are having it.

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.

Saturday, July 18, 2015

Is Crude Oil Going To Stay Down Forever?

Is Oil going to stay down forever? No.

Remember, the known reserves around the world are in decline, except for fracking.

Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), 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.

Friday, July 17, 2015

Video: Oil Is Not Staying Down For Long


Trading Tickers: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Exxon Mobil (COM), 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.

Wednesday, July 15, 2015

Crude Oil Will Probably Retest The Lows

The way most markets work when you have a big collapse, there is a bounce, often called a dead cat bounce and then after a while you have a retest of the lows. I would suspect that crude oil is going to retest the lows which was in the 40s or 50s depending if you are talking about Brent or WTI. But yes, I would not be buying crude oil at the moment because I am looking at a retest of the lows. I expect that test to hold.

Trading tickers: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Halliburton (HAL), 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.

Tuesday, July 14, 2015

Deal On Greece: Markets Will Rally For A While

We have heard this all before in the last 5 years. The markets will rally for a while and a year from now or several months from now we will all be again talking about Greece and what we are going to do about Greece.

The debt keeps going higher, the promises keep going higher and nothing really happens.

Trading tickers: National Bank Of Greece (NBG), iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY)

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, July 13, 2015

Markets: Where The Next Hurricane Will Hit

A lot of the hurricane is going to be in sovereign debt, no question about that. At the moment people think the U.S. Dollar, the U.S. Debt is a safe haven. It is not a safe haven.

The U.S. has huge amounts of debt, I am afraid the next time we have a big economic economic problem it is going to be centered in corporate debt.

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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