Thursday, December 11, 2014

Oil Shorts

Oil keeps on falling and falling? The price levels look shakier by the day. Below $ 60.00 Looks heading south. Next week may see a further fall. Would not be surprised at around $ 50 in coming week .Strategic reserves look good. 
Winners are the non producers, the motorists and the households whose real incomes should increase.

"Be short on oil ; be short on commodities" may be the mantra... 

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