PIMCO says oil has bottomed
After hearing about this 100+ million lawsuit by Bill Gross, I wondered if there is any accuracy in this story:
The worst of the collapse in commodities prices is probably over, with oil poised to gain over the next 12 months, according to Pacific Investment Management Co. Just don’t expect a major rebound.
To read the entire article, go to http://bloom.bg/1je0AIfFACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!