Why you need to get back into wind and solar. Oil has bottomed and only going higher.

Discussion in 'Stocks' started by Port1385, Jan 24, 2009.

  1. Do you know what it takes to build a mine, an oil rig, a steel mill or operate a farm? You need loans. Without loans, you simply cant operate them. As I type this, many operations are being shuttered. Once they are shuttered, it takes a long time to get them back in operation. Although the financial market has loosened a bit, its still not as loose as 2006 when money could be found under rocks to launch a new rig off of Singapore.

    Oil, metals, agricultural futures, and steel have bottomed and will go much higher from here. Nope, its not because of demand. Demand will continue to be weak and get weaker, but supply is the problem. Oil rigs are being left abandoned out in the gulf, mines are being shuttered, farmers are out of business.

    You need to get back into wind and solar. As oil rises, so will solar and wind stocks. They will rise much faster then the spot price of any of these commodities.

    Its time to start buying;)
  2. Loki


  3. axxs


    um im live in singapore, and im afraid our tiny island has no natural resources whatsoever not even fresh water let alone crude oil in our waters