The rich began adding oil commodities to their portfolios. Financial portfolio greedy for big profits increased institutional investing in oil commodities and oil stocks and argued that the investment made sense as a hedge against inflation. Oil profits drove up stock prices. The stock market increased in valuation as a direct result of oil company valuation increases. Gold prices rose as dollars were exchanged for Gold. Gold prices may have drove up oil prices. The drop in oil prices hammer oil profits and investors hung too long and kept their money in oil, for the long haul. New oil exploration and discovery could not displace the king of oil and the seven sisters pushed Saudi center stage exploiting the vast oil reserves of the Middle East. The crisis in the Middle East was bound to repeat history again in another round of huge profits for the oil companies. [Learn More ...]

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