Adam Taggart, PeakProsperity.com
JAN 15, 2021
Like it or not, our modern way of life remains extremely dependent on oil.
And even using the rosiest of forecasts, that’s not going to change anytime soon.
Which is why our friend, Adam Taggart at Peak Prosperity, sat down with petroleum geologist Art Berman to talk about his prediction of a 30% spike in oil prices later in 2021.
Because when the price of oil rises, the price of everything goes up.
And there are many vulnerable businesses that simply won’t be able to withstand this double-digit increase to their cost structure in today’s pandemic-stricken economy. The ripple effects could be severe and widespread.
More company closures. More lost jobs. Lower stock prices. But higher prices at the gas pump and the grocery store.
We hope you enjoy this discussion and if you find yourself agreeing with the experts – that this is one of the most challenging times to invest in a generation…
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