Did I see the price of diesel right? $6.49 a gallon?!
This is totally unheard of… Never in the history of our country have we seen petroleum prices as high as they are today!
Nothing exists without petroleum, and when I say nothing… I mean nothing!
Everything you have, see, touch or own… Basically anything that exists is made with or by petroleum, and it’s certainly transported by the use of petroleum.
So, what happens when the primary petroleum product used to transport basically everything in the world goes so high that it’s almost unable to be absorbed?
Well, everything else goes up with it.
What Comes Next?
The price of everything you buy and the services you seek are going to increase right along with it.
The simple fact is this… businesses, both large and small, can only absorb so much before they start losing more money than they can afford to.
Then, the timeless question comes in… “And then what?”
Well, things get ugly.
You’ll be paying $3 for a can of soda, $5 for a slice of pizza, $4 for a gallon of gasoline, $7 for a gallon of diesel, $6 for a gallon of home heating oil… the list goes on and on.
It doesn’t matter what it is. If the price of the fuel to manufacture it and deliver it goes up, the price of the products that accompany it will go up as well.
So, what do we do about it? That’s the question.
Well, adversity offers opportunity.
How to Fight Back
The opportunity for us as traders is to leverage this the best way we know how. And that approach is simply trading the underlying asset as conservatively as possible.
What if I told you that all the extra money you’re going to pay for “stuff” could be offset by just a handful of decent trades taken throughout the year?
Now, of course, there’s no guarantee that I or anyone can make you, but let me show you what we’ve done in the past year or so in my premium trading service, The Speciale Report…
Like I said, imagine taking just a handful of trades per year and having a strong enough success rate to offset all the extra money you’re currently paying for everything in your life.
I look forward to seeing you all on the inside at our weekly LIVE session on Wednesday!
Rules to Live By
“The purpose of life is to live it, to taste experience to the utmost, to reach out eagerly and without fear for newer and richer experience.” Eleanor Roosevelt
Until next time, I wish you a beautiful and blessed day!
Yours In Trading Success,
Anthony Speciale Jr.