Buy one or both of the following exchange traded funds.
BNO, which is the Brent crude etf. Thats the oil that most US refiners use to gasoline.
UGA, the actual etf for gasoline.
Why do this?
1. Its a seasonally great investment. 2. Fear of Iran is keeping the markets strong 3. Global recovery is driving demand 4. Perhaps the most important, high gas prices HURT Obama and make him very vulnerable. $5 gasoline ensures Obama is not re-elected.
And as an added bonus, when, not if, but WHEN Izrael attacks Iran, the BNO and UGA will skyroctket 20% or more in just a week. Its not only a sound investment, but its hurts the dems and Obama. WIN, WIN!
Pass this on to all your republican and independent friends!
In 2008 candidate Obama called Bush's 800 billion dollar national debt unpatriotic, and immoral. Today in just half the time Obama has added 5.2 TRILLION more to the national debt and obviously doesn't think its unpatriotic or immoral. Hypocritical? You be the judge this Nov. 6th.
Interesting, but how does buying these ETFs affect prices and hurt the Dems?
I own them because the long term thinking is energy will continue to trend higher. I am not trading the retracements as I am not agile or smart enough, but only a fool would think that oil and oil products. will be cheaper in the coming years.