![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
Profiting From Oil – Peak or Not
Investment U (August 14th, 2009) Writes:
Profiting From Oil – Peak or Not
Tony Daltorio, The Investment U Research Team
It seems like the only times that the financial media talks about oil is when they mention either demand destruction in the United States or an inventory buildup of fuel, etc. in the United States.
The financial media is doing a real disservice to millions of investors in two ways.
The first is by ignoring the rest of the globe when it comes to demand for oil. For example, China imported a record amount of oil in July – 4.6 million barrels a day, up 42% from last July.
This record monthly figure is well above the previous peak of 4.1 million barrels of oil a day set in March 2008, when the financial media said that China was simply stockpiling oil ahead of the Olympics.
The second
...
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.