I keep hearing how the worlds wealth is held by a small percentage of very rich people. Oil last week was trading between $27 and $29 a barrel. Today I heard some of the larger oil producing nations are considering lowering production. It’s not rocket science that oil values will then rise. The only big question in my mind is did the fact this discussion was going on reach the wealthy before me.
Buy oil at $27 a barrel sell at $35 a barrel in six months makes for a tidy profit.
About a 29% R.O.I. (Return on investment) not bad, I guess I should have invested my $500 investment account and maybe got a little richer as well if this in fact occurs, should be interesting to watch
I believe in free enterprise as much as the next guy, I just hope we’re not getting “Hood winked” along the way