Blame Americans for this Oil Retreat

29.07.2016 • Gold and Natural Resources

From Fleet Street Letter (Great Britain)-

Oil has fallen by over 20% in recent weeks, and it’s worth taking a closer look. Last week I wrote
about the Guinness Energy Fund that is held in Whisky.

If you want exposure to oil, and you probably should, then this fund is a good solution – even
from here. There is modest downside and long-term upside. I’m avoiding direct stocks in
energy, as it’s a haphazard sector.

If the fall in oil is temporary, then it will be right to hold onto this position. It is only if
sustained lower prices seem likely, that you should sell…

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