Hi everyone ; CNBC today , Mark Mobius Chairman and commodities expert at Templeton Emerging Markets . Oil prices will trend higher but with a lot of volatility . But as so much investment has been shelved or cancelled shortages will appear over time . This also applies to other hard commodities , Zink , Copper ,ect. So better prices to come , but with a lot of volatility , as profit takers , high frequency traders , and short sellers take their pound of flesh . We cant control what these guys do , but if we take the long view , and do our best to manage our portfolio's , oil investors will do well .......
MRM Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
