Oil Trade Makes a Lot of Sense

Oil is the hard commodity that people are playing for a global rebound now that the other commodities have been shot to hell by too much supply. This theory is something that Dan Dicker espoused here and in some crackerjack videos that we did (all our videos these days are crackerjack.)

The oil trade makes a lot of sense. You can't spec in aluminum as we know from Alcoa (AA). We don't want to be in iron. Copper struggles to hold $3. The grains have gotten pathetic with this bumper harvest. So that leaves oil as the physical trade that these big institutions want to have on as part of a commodity allocation. Almost every institution feels that it is imperative to have some sort of commodity allocation and this is about the only one available that isn't crimped by too much supply....408 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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