Oil Is Up 80% … And It’s Just Beginning

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.

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