Dennis Gartman: Investing with Higher Oil Prices

164 views · Published 18 October 2018 · 3:08 · Indexed 10 November 2026

Channel: MoneyShow · 2018 · Education

Watch on YouTube

At MoneyShow Dallas, Dennis Gartman on rising oil prices: A net net positive for energy corporations, consumers, investors, asks Hillary Kramer. The loser is the consumer, no question. Some energy companies will profit by it, he says. On balance, higher energy prices are detrimental to any economy anywhere. If you can get WTI back to $55 maybe $60/barrel, producers will be happy because they can make money at that. Consumers will be happy, they can live with that. At $85-$90/barrel, it is detrimental to all globally. Fracking will continue to be an expanding industry. Buy what frackers need: sand, pipe. Why made the money in the gold rush 1849: the guy who sold and made pans, Levis, mules, not the miners themselves. Higher prices beneficial to societies in Mideast? Likely not.

https://www.moneyshow.com

More from this channel

• 5:03 Determine the Market's Trend, Use Pivot Points

  MoneyShow

  1,495 views · 14 January 2009

• 6:21 Trading Strategies, Charting Techniques, Technical Analysis

  MoneyShow

  1,181 views · 19 January 2009

• 3:04 Trader Predicts Dow 7200

  MoneyShow

  2,207 views · 19 January 2009

• 1:26 Frequent Candlestick Patterns Found in 15 minute Charts

  MoneyShow

  3,398 views · 20 January 2009

• 5:03 Market Trends and Pivot Points with John Person

  MoneyShow

  2,107 views · 21 January 2009

• 5:40 Wayne McDonell's Market Analysis Techniques

  MoneyShow

  2,180 views · 21 January 2009

• 7:48 Commonly Used Moving Averages with Greg Capra

  MoneyShow

  3,307 views · 23 January 2009

• 2:20 2009 Stock Market Investing Strategy from Joe Battipaglia

  MoneyShow

  1,564 views · 23 January 2009