General Market Question
We are at "peak oil". Are resource wars (ala Iraq) avoidable? What investment IS NOT dependent on oil/energy?
a site with good peak oil discussion: http://www.lifeaftertheoilcrash.net/
Asked by pauljbass in
General Market
one year ago
Answers
2183 points
ChaosNantuko answered one year ago …
no investment is completely energy independant. That being said, if you believe we're currently at peak oil, then the investment that makes the most sense - in my mind - is an investment in oil, or perhaps more broadly energy. Consider buying XLE - Its an energy ETF. Or more directly, you could buy oil futures that expire a couple years in the future.
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