All Posts Tagged With: "HL"
Time to Buy Beaten-Up Oil Service and Gold Stocks
Crude oil has dropped form its July 11 record of $147 to just over $113 a barrel. Gold, meanwhile, has come off its March high of $1,030.80 to slip back below $800 an ounce.
Many in the mainstream press are calling an end to the “commodities bubble.” But oil and energy expert Byron King warns investors against betting against cheap oil and gold.
Byron says what we are seeing now is a short- to medium-term correction in the trends for energy and resources. Investors who buy beaten-up oil service stocks and gold miners now stand to make major profits…
Energy Q&A Part IV: Investing In Energy Stocks and More…
Q: “Please comment on Suntech Power Holdings. Comparing STP with KHD Humboldt Wedag, which is the better investment at this time?”
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