The temptation of speculating again in oil is "killing" me. Rumors here say that the USA is organizing an embargo of Iran's oil, which will cause panic and prices may temporarily reach 150 dollars.
Vade retro, Satanas!
2 comments:
Anonymous
said...
It strikes me that there are ways of speculating on the upside of the oil market that are less risking than , for example, direct bets on oil futures. For example, purchasing the stock of oil producers. At worst their stock should remain flat or decline slightly, unless the market has already priced $150 oil into their market value, which I don't think is the case yet.
The temptation of speculating again in oil is "killing" me. Rumors here say that the USA is organizing an embargo of Iran's oil, which will cause panic and prices may temporarily reach 150 dollars. 
2 comments:
It strikes me that there are ways of speculating on the upside of the oil market that are less risking than , for example, direct bets on oil futures. For example, purchasing the stock of oil producers. At worst their stock should remain flat or decline slightly, unless the market has already priced $150 oil into their market value, which I don't think is the case yet.
K
Low risk is not what I am looking for. Oil is risk and adventure and excitement in my otherwise unexciting life of work.
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