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Josh Young: Oil Is Totally Mispriced
💡If a demand shock and higher oil prices hit, is your portfolio ready? Get a free review with Wealthion’s endorsed financial advisors at https://bit.ly/3Xsgxjx Oil demand is booming, OPEC’s real spare capacity may be close to exhausted, and a massive mining and EM growth boom is forming in the background, so why is crude still stuck around $60? In this interview with James Connor, Bison Interest’s Founder & CIO, Josh Young, explains why oil is deeply mispriced, not because of weak demand or strong supply, but because of near-historic low speculative positioning and the equivalent of over a…
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