Tuesday, December 28, 2010

Itz Pix: Silver & Crude Oil Update; Silver Wheaton

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Itz Pix stock portfolio is long several energy sector names RIG, PDE,SU, VLO, WLT, PWE & PGH. Suggests that now maybe the time to start accumulating Proshares Ultra Crude Oil ETF (UCO).
2011 will continue to be favorable for the commodities, we believe that silver will be a leader as industrial usage picks up. Copper & crude oil will play catch up as well. Itz has been long copper via Freeport McMoran FCX.

What to expect from commodities and futures markets, with Tom O'Brien, The Gold Report; John Kingston, Platt Global Director of News; Todd Colvin, MF Global; Robert Iaccino, TraderOutlook.com; and Dan Greenhaus, Miller Tabak.

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