Instead of a regular Oil Trading Alert we are once again providing you with this quick message. The key reason is that once again there were absolutely no changes in the price of crude oil and it's almost exactly at the same level as it was when we sent yesterday's message. It was trading at $69.52 then, and it's trading at $69.78 now. The change is very small and positive as its in tune with our current speculative long position. Consequently, everything that we wrote in the previous regular Oil Trading Alert remains up-to-date, including the details of the current trading positions.
The Alerts will return to their regular form shortly - most likely tomorrow.
As always, we’ll keep you - our subscribers - informed.
Thank you.
Przemyslaw Radomski, CFA
Founder, Editor-in-chief, Gold & Silver Fund Manager