Don Coxe now bullish

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adamlloyd
Posts: 41
Joined: Sat May 01, 2010 11:11 pm

Don Coxe now bullish

Post by adamlloyd »

Don now bullish on oil and gold
http://www.bnn.ca/Video/player.aspx?vid=877340

Adam
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: Don Coxe now bullish

Post by dan_s »

They call them "cycles" for a reason and we are definitely in the rebound stage of this one. You should all take a few minutes to listen to what Don Coxe is saying.

Keep in mind that the fundamentals ALWAYS win out in the end for any commodity. Today we have global oil production on steady decline and we have demand for refined products about to spike. See chart at https://www.iea.org/oilmarketreport/omrpublic/
Dan Steffens
Energy Prospectus Group
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