GOING BEYOND

10.11.2010

The Secret Indicator That Points to Much Higher Oil Prices

Crude oil has taken on a life of its own. As I have noted on several occasions, oil is both a commodity in wide demand and a financial asset in its own right. In the former case, as a commodity, the so-called "wet" barrels (the actual oil) will respond to traditional marketplace pressures - particularly supply and demand. In the asset role, which involves futures contracts (the "paper" barrels), oil becomes something that can be used as a store of value. As we'll see momentarily, oil's role as a financial asset underpins a crucial new development. Six catalysts are behind the recent increase in oil prices. Five are well known in the marketplace. But it's the sixth catalyst - not as widely known or understood - that is central to our forecast that oil prices will continue their march. This sixth catalyst also enabled us to uncover a significant opportunity for you to make a great deal of money.
Jorge Pastine en 7:14

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Jorge Pastine
Argentina
PE Resources - Senior Partner Goodwill Services - Senior Partner
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