Re: investing in oil
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I believe that the price of oil will continue to rise, and i would like to invest in oil. Is there some way that I can purchase a certificate that represents, say, 100 barrels of oil? Also, is there a way to buy an option to buy a certain number of barrels of oil in the future?
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It's down $7 this week. Why do you think it's going higher?
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Because (1) the oil producers have the world by the balls and (2) the demand is rapidly increasing as China and India become more developed by the day. And long term, because the supply is limited.
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