I encourage my loyal readers to read the following, published earlier today at Oilprice.com:
The greatest trade in decades,
The return of the super contango.
I’ve been closely following the oil industry for four decades, and Nordic American Tanker (NAT) and DHT Holdings (DHT) are the best bets I’ve ever seen. Don’t take my word for it. Check them out.
I first got into the market when I was 14. I had about $175, and I didn’t want to settle for bank interest. My Aunt Mary took me to meet a rich old man, Mr. Gelleher, who was the father of her deceased boy friend. He was a retired executive from Libby. He said one word.
Oil.