Title: The oil factor
First published: 2004
Description: A storm is coming, a turbulent new era in which oil prices will soar and inflation will sky-rocket. In this important new book, two leading financial strategists show you how to ride out the tempest while still capturing impressive investment returns... It's the oil, stupid. For the last thirty years, the price of oil has been the single most important determinant of the world economy. But now most geologists concur that the planet's supply of cheaply extractable oil, the traditional fuel that powers growth, will shortly be overtaken by demand. In the coming global turbulence, oil prices will top $100 a barrel, helping push inflation well into double digits and even posing a risk of intermittent deflation. The result will be an economy more rocky and a stock market more volatile than ever before. Fortunately, experts Stephen Leeb and Donna Leeb provide a road map that will guide you through the worst of it-and point the way to financial success. With the help of their "all season" Oil Indicator, they'll show you how to choose the right investments for any market environment, guiding you toward portfolios that prize real assets. Among the crucial lessons you'll learn:  Why oil and natural gas stocks should be core holdings in every investor's portfolio  Why a cautious buy-and-hold strategy is a sure money loser and why conventional "safe" stocks are really the riskiest  Why gold may be on the verge of a historic bull run  How the global oil wars make defense stocks a premium buy  Where to find the surest bets in the burgeoning field of alternative energy  How to profit from real estate without actually owning any. With its hands-on advice and savvy stock recommendations, which offer an alternative to staying in pre-inflation-era positions and risking portfolio meltdown, The Oil Factor promises to be the indispensable financial advice guide of the decade.
Subjects: Business, Economic aspects, Economic aspects of Energy policy, Economic aspects of Petroleum industry and trade, Energy policy, Nonfiction, Petroleum industry and trade, Petroleum products, Politics, Prices, Petroleum industry and trade, political aspects, United states, economic conditions, Capital movements
LC classification: HD9560.5 .L277 2004