Action to take:Long-term investors: Buy ConocoPhillips (COP)Traders: Buy the ConocoPhilips 80 January 2010 call option (YRO+AP). Use a limit order to pay no more than $11.50 per contract.It’s well known that large integrated oil companies sometimes do not follow the price of oil very closely as they are too diversified… Read More
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After the fast and furious decline we’ve had in energy stocks you should realize that it will take some time for confidence to fully return into the sector. Yes, a lot of babies have been thrown out with the bathwater in the global energy sector, but when buying smaller… Read More
Our timing with this service couldn’t be better. The forced selling of natural resources across the board has created the best buying opportunity in the precious metals since the bull market gold bullion began in 2000.Relative to the price of gold, the stocks of mining companies have not been this cheap in the past seven years. This can be seen in the ratio of the PHLX Gold and Silver Index (XAU) to the price of gold bullion. click on chart to enlargeSource: Bloomberg Read More