Sent on January 19, 2016
In response to Bob's mentioning that Larry Edelson recommended buying UWTI = Triple long WTI oil.
FREE REPORT #2: The Great Energy Windfall of 2015-2016!
With global oil demand expected to rise to 99 million barrels per day by 2035, I’ve identified six energy
stocks that could multiply your money as oil prices inevitably rise. Some of these shares are up as much
as 1,260% since 2000 — enough to turn a $25,000 grubstake into more than $340,000!
A "grubstake" is something that a individual digging for gold seeks to raise.
Grub is what he will eat while digging for gold in less than modern way.
Petroleum will be obsolete as a means for transportation by 2035, in my opinion.
You told me years ago that those who can do...do
Those who can't do, teach.
And those who cannot teach, teach teachers.
I will tell you that those who can trade and invest do it and make money.
Those who can't write newsletters telling others to buy UWTI at $37 and keep holding even though it hit
$1.76 today. After all, if you are really stupid, you may have to hold it until 2035 before realizing that
Larry Edelson is a fraud and a charlatan.
On the other hand, I agree that he is smarter than I am because he is making more money with his
frauds than I am by honestly investing according to the information that I glean from reading non-fiction
books and understanding what is going on in the world.
I still wouldn't trade places with him because I would have to give up my self-respect.