Monday, December 15, 2014

Will Oil Fall To 40 Dollars A Barrel?

Anything can happen in the markets. But will it? Probably not. I do know when markets go too far up and when they go down they go down more than they should. I do not know how low it will go but I do know there is momentum on the downside now and the Saudis continue to dump.

Related stocks: Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP),

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).