Stealth Bull Market Is Oil

Given the way the media are hyperfocused on meme stocks and crypto, you’d think they were the only game in town. However, while all this speculation is going on there has been a stealth bull market in oil. Given the way the media are hyperfocused on meme stocks and crypto, you’d think they were the only game in town. However, while all this speculation is going on there has been a stealth bull market in oil. [Energy and Capital logo] Stealth Bull Market Is Oil [Christian DeHaemer Photo] By [Christian DeHaemer]( Written Jun 15, 2021 The current stock market is running on meme’s and crypto. Here is a meme about meme stocks. It’s so meta. [Meme about Meme Stocks] Bitcoin has run from $10,000 to $64,000 and is back down to $39,000 today. I first recommended Bitcoin at $449.00 back in 2017 in The Bull & Bust Report and my readers took some massive profits along the way. And not to brag, but as luck would have it, I had recommended AMC in my trading service Launchpad Trader at $6.71. We took 193% profits when it jumped to $19 back in January. Given the way the media are hyperfocused on meme stocks and crypto, you’d think they were the only game in town. However, while all this speculation is going on there has been a stealth bull market in oil. Perhaps you’ve noticed at the pump? Here in Maryland, gasoline is over $4 a gallon. Get Ready for Huge Fed Move (As Soon as June 16) Federal Reserve Chairman Jerome Powell just broke HUGE news... After months of silence, he finally admitted that the Fed is working on a digital dollar. This bombshell move could spell disaster for Bitcoin. But if you know how to position yourself, you could multiply your money by as much as 60 times in the months ahead. I expect truly historic windfalls with a “digital dollar” going live — some investors have already pocketed gains of as much as 1,585%, and that’s just the start. It’s vital you act BEFORE the Fed makes its next big announcement. [Click here for everything you need to know.]( Demand Is Back Look, the global economy is reopening. Airplanes, in the U.S. at least, are full. Rush-hour traffic is back. And the price of oil just hit a three-year high. West Texas Intermediate is at $71.80 a barrel. Supply and demand dynamics are creating a squeeze. By August you could easily see $90 a barrel. OPEC recently said: Global oil demand will rise by 6 million barrels per day (bpd) this year from the lows of 2020, led by strong consumption in China and the United States, especially in the second half of 2021 with growing economies and border reopenings. The International Energy Agency added: Our first detailed look at 2022 balances confirms earlier expectations that OPEC+ needs to open the taps to keep the world oil markets adequately supplied. Global oil demand will continue to recover and, in the absence of further policy changes, by end-2022 reach 100.6 mb/d. Strange Tech Will Kick-Start the 4th Industrial Revolution [twa electric glass finger]Take a look at this tiny little chip. It might be small, but according to PwC, this chip will soon kick-start "the fourth industrial revolution." And if you position yourself right, I expect you could have the chance to turn every $500 into exceptional gains of up to $131,600. [Click here to see the details of this historic opportunity.]( Buy Oil I’ve recommended a number of oil plays over the past two months and all of them are up. I recently recommended EnLink Midstream (NYSE: ENLC) to my Launchpad Trader readers. I wrote: The company is at a 52-week high, pays a 7.37% dividend and was just upgraded by J.P. Morgan to a buy. Furthermore, the company just raised its 2021 guidance. From Briefing.com: - Co raises FY21 net income guidance to $125 million–$165 million, up from $45 million–$105 million. - Co raises FY21 free cash flow outlook to $335 million–$365 million, up from $275 million–$325 million. The company will benefit from increased production in the Permian basin. EnLink will increase its Midland processing capacity by 29% or 150 million cubic feet per day. In 2014 this was a $40 stock and we are just bouncing off of 20-year lows. Buy EnLink Midstream LLC (ENLC) it is currently trading at $5.67. The company is up 14% in the last two weeks and moving higher. There are a number of oil stocks 80% off their highs at a time when production is down, demand is surging and oil prices are about to skyrocket. You heard it here first, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]@TheDailyHammer on Twitter]( Since 1995, Christian DeHaemer has specialized in frontier market opportunities. He has traveled extensively and invested in places as varied as Cuba, Mongolia, and Kenya. Chris believes the best way to make money is to get there first with the most. Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. Browse Our Archives [Apollo's Folly — A Warning About the Future]( [How to Make Money off Tesla Without Owning a Single Share]( [The Floyd Mayweather of Investing]( [Oil Stocks Are About to Launch]( [Supply Chain Hell — My Top Semiconductor Stock for the Shortage]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. 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