Credit Crisis? Doesn’t Bother Me, Gov!
Apr 14th, 2008 | By Ben Traynor | Category: Politics & EconomicsGet ready for a tidal wave of petrodollars…
“What we are seeing now is quite probably the greatest transfer of wealth in history — a global realignment of power.”
These words came from Manraaj Singh this morning. Working tirelessly in our emerging markets cubbyhole, Manraaj scours the globe for likely-looking profit opportunities.
Today, his eagle-eye is trained on Opec, watching for the oil cartel’s next move.
“There’s a big conference in Rome this weekend between oil producing and consuming countries,” he says. Manraaj tells me that Opec have been cutting their supply on the sly… and now their customers aren’t happy.
“They’ll gnash their teeth, but I doubt Opec will back down,” he says.
Manraaj reckons a tidal wave of petrodollars is about to hit the global markets. The trick, of course, is working out where it’ll go… and that’s what Manraaj is all about.
He’s put together a portfolio of investments that he expects will soak up those petrodollars like a sponge. Find out where Manraaj reckons the next tide of money is about to hit…
Until tomorrow
Ben Traynor
Editor
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