Corpania Ideas

CAVEAT! I'm an amateur philosopher and idea-generator. I am NOT an investment professional. Don't take any of my advice before consulting with an attorney and also a duly licensed authority on finance. Seriously, this my personal blog of random ideas only for entertainment purposes. Don't be an idiot.

Tuesday, December 02, 2008

There's gotta be a price at which you would buy or sell anything...

At $47 per barrel, Oil just seems too cheap considering China's & India's ever increasing demand.
Never thought I'd ever recommend anyone to "buy oil" given my ideological opinions about renewable energy.
But there's gotta be a price at which you would buy or sell anything.
I picked the peak at $145 and told you to sell.
Now at $47 I'm advising you to make a modest investment to buy oil.
Fellow pinko-commie, hippie liberals - please forgive me.  ;-)

NOTE - Oil needs to be more expensive to make renewable energy more economically viable (until the next technological breakthroughs happen).

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