Value Microcaps Junior Energy

[teomax]

thats why I think that oil, not silver or gold, will be asset class number one in the near future.

It was really interesting to see flow of money this week to small cap/junior exploration companies listed on the US exchanges. I think once, when majority will realized that Peak Oil is the real deal, all oil companies and in particular those small ones, will create a bubble, similar to previous Tech bubble.

On the other side, the bubble could probably have nasty end as 180-200$ oil will crash economy and bring huge demand destruction. Therefore after spike to 160-200$, we could see oil much lover even under 100$ again, if daily production will levitate on the current peak plateau levels.