By Matt Badiali in Growth Stock Wire:

I don't like making long-term predictions, so I'm going to quote another speaker from the Investment U Conference, Rick Rule.

If you don't know Rick, he's the founder of Global Resource Investments and one of the top resource-investment financiers in the world. Rick told the audience that markets work and the best cure for low prices is low prices.

Driving a potentially vicious rebound will be the prolonged lack of "sustaining capital" in the oil industries of several countries, including Mexico, Nigeria, Venezuela, and Iran.

Sustaining capital is literally the money it takes to keep oil fields operating... These countries diverted so much of their oil revenues to social programs (and politicians' pockets) their oil production suffered.

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Forget gold and oil… this commodity is a much better buy