Learn how to do it right, and you can gain it just as fast. Today, you can learn about the US Financial Crisis of 2007 and how you can profit from it. It is called trading the commodity markets and as for the example above, you could trade crude oil by not one 55 barrel at a time, but by 1,000 barrels at a time and a whole lot easier.
Where I live, it is $3. That sounds like a hard Extruder Barrel way to make a buck and there is a much easier way to generate tens of thousands in profits without lifting even one case of oil. You would always offset that trade prior to taking delivery. Think of something that you yourself really know a little bit about and trade that commodity.50 per gal. It takes a lot of research to become good at trading and if you do not enjoy looking at charts or doing research, you are not going to make a very good trader.
There are a lot of businesses that have different wholesale opportunities in the commodity markets that are available, but you do not want to buy something that is hard to store either. Heck, just the price of gas and diesel is unreal and it seems to have no top in sight for now. Trading is usually something that takes years to learn until now. That is always a good start because if you do not like what you are doing, you will be an unhappy camper. Afterwards, you will be well on your way to becoming a successful very rich trader someday.
That is why you just purchase a contract to buy, but never do take delivery on that commodity. Start making money at home that you deserve! If you can find something that you can buy for pennies on the dollar today that will be worth much more in the near future, you have a winner on your hands. That is why it is called trading. today. Before you trade your first dime you need to learn how to trade what you have as risk capital correctly by getting the right trading education. Think what would of happen if you purchased several cases or 55 gal drums of plain old motor oil and stored it for just six months or a year. Sure, you can take delivery, but who in their right mind wants to store several thousands of barrels of crude oil? Not me and I am guessing not you either unless you are already in the oil business. Here is a good leason for you tolearn. You do want to become your own boss someday, right?
How can you take advantage of this situation in crude oil, gold and other commodities today? Simple really. However, you must know how to do it right or you will lose your hard earned money and sometimes can lose it fast. Clinton was in office to $96 per bl.So many people are thinking of what they could sell to make money today because things are getting a little bit crazy inflation wise. Everything from food to cars is outrageously priced today. Look folks, I have been a trader for more than 20 years now and have saw a lot of opportunities to make millions of dollars in our US markets. I watched crude oil go from $10 per barrel when Pres.