Oil of “Oh HEY!”

While @EquityDiamonds main focus is on finding the absolute best returns at the absolute BEST times to buy the assets with the highest odds of success, sometimes we come upon some interesting history as we calmly monitor the world around us, and put it into HISTORICAL PERSPECTIVE. We use commodity gyrations to gauge where to LOOK in the vast sea of opportunity, which is our world ecosystem, for the NEXT great investment [1]; we turn our gaze unto Oil prices.

Recently? West Texas Intermediate (“WTI”: our typical barometer for oil prices in the US) is trading between $45–47. While you might not think this is cheap compared to many historical prices, you’d be wrong. EquityDiamonds uses a simple inflation-adjustment to PROPERLY measure commodity prices, and when we apply it to Oil we see a low low LOW price right now. But is it low enough?

What we see now is historically significant enough to burn an albino unicorn in to the Bain de Soliel model…

The last time oil (crude, not tanning) was this cheap….

Allow us to walk you thru oil price history — the LOWS of history. We will list all the times oil prices have looked similar to today, so YOU can draw your own conclusions — before we give you ours. Here’s the…