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.

Views On Gold

I expect gold to be down more in the next year or two partially because the U.S. Dollar will be strong.  (Market Vectors Gold Miners ETF (GDX), Market Vectors Gold Miners ETF (NYSE:GDX), Newmont Mining (NEM), Barrick Gold (ABX), Novagold (NG))

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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