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Oil has not been this cheap relative to gold in 10 years, expert trader Jeff Clark writes in today’s Growth Stock Wire. He believes it’s time to go long oil.The last time the ratio was this high, back in 1999, oil quadrupled from $10 per barrel to over $40 in just one year. A similar […]
Video Link My notes: He is VERY concerned with the current levels of inflation. This is striking, as you rarely hear Warren Buffett mention inflation. If he were in Bernanke’s shoes, he would “offer his own resignation”. Still believes the dollar will weaken further over time – mentioned lack of Congressional discipline. Oil price is […]
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