Do you want to know how to bank profit, right now, from the moves in the oil price? - Australian Investment Education
One of the biggest headlines in investment markets today is oil – its current price, what it means, how it will affect the economy and most importantly, where the next profit opportunity is! Crude oil (CL1) has dropped from its dizzying high of $140 per barrel to a current $31.50 – a big enough move to make your nose bleed! This move is enormous, not simply from a price basis, but also in terms of the economic and trading opportunities it creates. The term “Once in a Generation” springs to mind, as it did 9 years ago, at the start of the Commodities boom super-cycle. What has caused this enormous shift and what does it mean from a money making perspective? With any price, it is a function of both supply and demand – where they meet (equilibrium, for the Economists) and that figure is $30.50 as I type. Much has been made of the slowdown in the Global economy. China’s stock market imploding, easing growth and the World is about to cave in. Reality is, while Chi...