Best Selling Author and Multi-Millionaire Investor Predicts 35 USD / Barrel Oil

Best Selling Author and Multi-Millionaire Investor Predicts $35 / Barrel Oil

Known for his public prediction of $50 oil in 2012 and his NY Times best-selling book THE MILLIONAIRE DROPOUT Stanzione has had a history of uncannily accurate market predictions

Mallorca, Spain (MMD Newswire) February 12, 2015 – They laughed at Vince Stanzione in October 2012 when he predicted that crude oil prices would plummet to $50 a barrel or lower within the next five years. After all, average crude oil prices that year were at historically high levels for the second year in a row, and generally expected to continue on an upward course. But Stanzione, a self-made multi-millionaire trader and investor with a history of uncannily accurate predictions, was looking ahead as usual. He predicted an oil glut, citing factors such as lower demand, demographic changes, more efficient engines, and an increase in hybrid cars. Flash forward less than two and a half years, with oil hovering at $45, and nobody is laughing at Stanzione’s 2012 prediction anymore.

And we haven’t seen the end of the downward trend yet. “I believe it’s possible oil will go as low as $35 in 2015,” says Stanzione, “but we shouldn’t expect it to stay there for too long.” He adds that $50 to $65 may very well be the “new normal.”

That said, he warns against getting into energy stocks. “It’s not a V-shaped recovery,” he explains. “On the other hand, there could be some opportunities in 2016 for mergers in energy-related stocks.”

By now, many astute investors and observers know better than to scoff at Stanzione’s contrarian predictions, but in any case he is accustomed to raising eyebrows. He was also laughed at back in September 2011 when he predicted that the Dow Jones Industrial Average would reach 14,200 by the first half of 2013. At that time it seemed unwise – and that’s putting it charitably – to be bullish on Wall Street, but the Dow hit an all-time high of 14, 296 on March 6, 2013: a nearly 100-point spike that occurred well within Stanzione’s projected time range. At the time Stanzione acknowledged that the spike did not signal a full economic recovery, and he was quick to reference the previous all-time Dow high of 14,198, which had been set on October 9, 2007. “That was right before the financial crisis hit, and the bottom fell out,” he said at the time. Even so, he felt vindicated by the Dow’s performance in March 2013 and saw good things ahead for US stocks in particular.

Besides mergers in energy-related stocks, what else looks good to Stanzione today? He says that there is still too much bullishness in oil, with many retail customers buying oil ETFs (exchange-traded funds) in the hope of a quick rebound. “Market bottoms normally happen when everyone has given up on a market,” he says, adding that there are always winners in any situation.

On that note, Stanzione says he sees opportunities in leisure, restaurants and airline stocks. “Retail stocks, leisure, and restaurants are already showing a good pickup. And airlines are winning two ways, with lower fuel costs and with consumers having more money to spend on vacations.”

Stanzione adds, “I also expect motor manufacturers to have a good 2015.”

Originally from the UK, Stanzione now hangs his hat in Monaco and Mallorca, Spain. He has been an entrepreneur for most of his life, having started his own software business at the age of 14. At 16 he landed his first “real” job as a junior in the FX dealing room for Nat West. Like millions of others, he lost his savings in the 1987 stock market crash, but it was only a temporary setback. By 1989 he had set up a car phone business and in 1991 he sold it for over 1.3 million pounds. Following that he returned to trading and investing, building up a fortune from trading and financial spread betting.

If there is one thing Stanzione has learned in his many years of successfully swimming against the tide, it is that there are always plenty of opportunities for those who are willing to venture outside the confines of conventional wisdom. He has made an impressively lucrative career out of doing just that, and in addition to playing the market he now also teaches others what he describes as his “simple” trading and investing strategies. His credo is that it is possible to profit from up, down, and even sideways markets.

And as for the laughter at his counter-intuitive predictions, that has never really bothered Stanzione. He knows that more than likely, he will get the last laugh.

About Vince Stanzione:

Vince Stanzione is a self-made multi-millionaire based in Monaco and Mallorca, Spain. He trades his own funds, mainly in currencies, stocks, and commodities. Stanzione has been covered and quoted in international print media as well as other news outlets and web sites, including Yahoo Finance, Market Watch, Reuters.com, The Independent, The Guardian, Growth Company Investor, the New York Times, and Bullbearings.

In addition to his trading activities, Stanzione also teaches a small number of students, and produced the best-selling course on Financial Spread Betting. He is also the author of several books, including The New York Times Bestseller “The Millionaire Dropout: Fire Your Boss, Do What You Love, Reclaim Your Life.” He recently launched a new US home-study course, “Maximum Trading Profits in Minimum Time,” to teach investors how to profit from rising and falling markets.

Links:

Vince Stanzione publicly predicts $50 / barrel oil in 2013: http://investor.wallstreetselect.com/wss/news/read/22408565 And http://finance.renewableenergyworld.com/pennwell.renewableenergy/news/read/22408565

Vince Stanzione’s NY Times #4 Best Selling Book THE MILLIONAIRE DROPOUT : http://www.nytimes.com/best-sellers-books/2013-06-16/paperback-business-books/list.html

The Millionaire Dropout: Fire Your Boss. Do What You Love. Reclaim Your Life! Web Site: http://www.wiley.com/WileyCDA/PressRelease/pressReleaseId-108305,descCd-release_additional_material.html

Vince Stanzione Wikipedia: http://en.wikipedia.org/wiki/Vince_Stanzione

For more information about Vince Stanzione, his predictions, and the courses he offers, visit http://www.fintrader.net

Twitter: @vince_stanzione

LinkedIn: https://www.linkedin.com/in/vincestanzione

Youtube Channel: https://www.youtube.com/user/vincestanzione77

Media Contacts:

Vince Stanzione
media@fintrader.net

Melissa Connors
Publicity Manager
Wiley
mconnors@wiley.com
201-748-6834

Vince Stanzione is Available For Interviews

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