| mar 31 2009 | | Buy Oil. | If you want to make a quick buck then oil under $50 is a good trade. I am looking for a 20% return by the summer. Throw a grand at it and make money from the man.
On top of that is due to lack of 'change' in American foreign policy that is dictated by the Israel lobby in cohorts with the pentagon you could make a wedge. Obama has confirmed by his actions that the retoric of change was only for the duration of the election process. It is now passed it's sell by date and is business as usual. Benjamin Netanyahu is as hawkish as you can get unless you are comparing to Ghengis Khan. He will attack Iran with America's complicity and faux condemantion. We know how this one ends. Price of oil will spike.
That would be the cherry on the cake, this trade will work regardless. I would suggest buying the IShares XEG which is a basket of shares that mimic the price of oil to a fair degree. No need to rush try to buy as near to $13 as possible.
I know this is a departure from AU79 but the opportunity at the moment is as good as you will see for a while. It will make you feel better when you are pumping gas as well.
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