Recently, famed world traveling investment banker, Jim Rogers, predicted oil would hit $100 per barrel and that commodities would be in a 15 year bull market. Obviously, that was music to my ears, since my profits rise as oil increases in value. My experience over the years is that investors often shun ideas or trends that continue to hit new highs because they feel they are in too late. They tend to focus on ideas hitting new lows, which often keep going in that direction.
High Net Worth, Accredited Investors need to position themselves ahead of the OIL TRAIN. Not many investments offer the tax benefits and consistent cashflow associated with direct participation oil/gas investing. Also, if oil stays flat or continues to go higher, oil/gas tends to be a great alternative asset class in your portfolio and fantastic hedge. I am not saying go crazy and over concentrate your portfolio, which is far too risky, limit your exposure to 10-15% to natural resource ideas. You too can smile every time you fill your gas tank!
http://money.cnn.com/2006/07/06/news/economy/energy.rogers.reut/index.htm
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