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Oil Rocketing Higher!

Larry Edelson | April 8, 2010

Just as I foretold last week, oil’s breakout to the upside is for real, and, accelerating higher. Now at $86 a barrel, oil could easily move to $96, then even higher.

Gold looking better now too. Dollar in a state of flux. Watch my video for my latest market thoughts.

Best wishes, as always …

Larry



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Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates
but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amy Carlino, Selene Ceballo, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.

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This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.uncommonwisdomdaily.com.

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15430 Endeavour Drive, Jupiter, FL 33478

Larry Edelson has over 34 years of investing experience with a focus in the precious metals and natural resources markets. His Real Wealth Report (a monthly publication) and Power Portfolio provide a continuing education on natural resource investments, with recommendations aiming for both profit and risk management.

For more information on Real Wealth Report, click here.
For more information on Power Portfolio, click here.

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{ 5 comments… read them below or add one }

brenda Thursday, April 8, 2010 at 10:14 am

stop fooling the puiblc it is up to the indians to put it up or make a price were you put it down and get more customers or they do now put the prices down now i do not have a van now

Reply

David Bryant Thursday, April 8, 2010 at 10:17 am

Larry…I want to thank you for your excellent insights on commodities and the market in general. I am not yet a member of the Weiss Elite but trust someday I shall be.

I follow your information on a regular basis.

I am have been a residential home builder for many years aside and also working at times in marketing and sales for various companies. -Just recently I was offered a position in an established company as a Precious Metals Advisor.
My question to you…..what can the small investor who has between 2-3K do most efficiently and safely to protect some of their wealth in investing in either gold or silver?

Thank you for getting back to me on this question.

best regards…..David A. Bryant

Reply

benjamin bucell Thursday, April 8, 2010 at 11:13 am

trying to archive article by tony sagami dated 12/11/09 regarding three chinese tech stocks/ please advise/ thsnk you/

Reply

Dianne Anderson Thursday, April 8, 2010 at 12:20 pm

How can i invest in oil, and what action i need to take?

Reply

Dianne Anderson Thursday, April 8, 2010 at 12:20 pm

How can i invest in oil, and what action i need to take?

Reply

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