Energy Prices Heading Higher?
Despite the sizeable correction we are now having in the energy markets, Goldman Sachs sees energy prices going higher. We actually agree. With the newly created “Middle Income” population around the globe, we most likely see higher energy prices ahead. However, as one should know, no market goes straight up. Gong long the energies is probably the correct play. The question is when and where? Timing is not everything. Timing, right now, is the only thing.
The Economic Times: Analysis:Commodity bulls, bloody but unbowed, to charge anew
Reuters: Goldman sees new oil rally; JP Morgan ups forecast By Barani Krishnan
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