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Make These Moves Before the U.S. Hits Syria

Oil prices have been surging on fears that the Obama administration is planning to punish Syria for using chemical weapons against its own people.

But the real question is whether this escalation in "black gold" prices is going to continue.

As we'll see in a minute, our in-house energy expert - the noted Dr. Kent Moors - believes that oil prices are headed much higher.

And he has lots of company.

Oil prices hit their highest levels in two years yesterday after NBC News reported that the Obama administration is "past the point of [no] return" because of reports that Syria used chemical weapons against its own people.

And that means that military strikes against Syria could occur "within days," the network reported.

West Texas Intermediate (WTI) crude rose to nearly $110 a barrel, its highest level since May 2011. And Brent crude - the global benchmark - hit a six-month high north of $117 a barrel.

Whether this energy-price surge keeps going, of course, is dependent on how hard the U.S. hits Syria - as well as what happens afterward.

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  1. 000052580470 | August 29, 2013

    i am a bit slow, but i don't see your exact 'action to take' prior to u.s. and syria eruption?

    • David Zeiler | August 29, 2013

      The "moves" are the three recommended funds that will prosper as a result of the events in Syria.

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