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Crude Oil may already have bottomed

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Crude is in the process of making a bottom—it is a complicated bottom—we are going to look back in a few years from now and say that in 2015, 2016 and 2017, crude made its bottoming pattern. I will not sell crude now, especially if Trump is going to throw some more bombs around.

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Source: http://www.jimrogers.info/2017/04/crude-oil-may-already-have-bottomed.html



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    • raburgeson

      Big oil cartels need to be wiped out completely. That is the main reason I push for the car that runs without fuel. We have been gouged for 50 years at least for energy in this country and it is unnecessary. We have had alternatives and need not worry about lost jobs. Factories to be built and manned to produce the motors, generators and parts to make this happen will replace all the jobs lost from the conversion. That means a win for the bottom of the pyramid and loss of the burden of making the rich richer. Wake up! Their rhetoric will not stand up to the light of day.

      • raburgeson

        For those that think the jobs will not last, think again. After seeing to the needs of the people then these power plants will be built to replace boat motors, small construction equipment ( like small power shovels and skip loaders) after that converting factories and farm equipment and on and on. It will be an unending battle to supply the nation with its needs making these to last for 100 years. We don’t need to be in economic slavery forever.

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