Comment by vkou
5 years ago
Nobody's going to spend money to build new storage facilities for an oil glut that will go away in, at most, a month or two.
5 years ago
Nobody's going to spend money to build new storage facilities for an oil glut that will go away in, at most, a month or two.
If you're sure about that, I hope you're investing accordingly...
Not exactly. If you are not sure the glut will last for a while and then disappear you don't invest. There is a ton of money to make but only if you get the details right, if any is wrong there is a ton of money to lose.
If you're sure the glut will disappear within two months there are lots of safe investments.
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