by Chad Shoop
The Sovereign Investor
After an 80% rally, many investors would be looking for a reversal, possibly even for an opportunity to short the asset.
This is not a time to do that.
In fact, this is not a rally you want to short at all, but one you want to buy.
Even though this commodity has surged more than 80% after bottoming in February of this year, it could easily surge another 100% from here.
Of course, I’m talking about crude oil…
And after bottoming earlier this year, crude has now surpassed the $51-per-barrel mark for the first time since July 2015.