I agree the price of gas/oil should rise in 10-20 years like you say, but is anyone really going to stay in ICVI for 10-20 years?
Heck, I'm lucky if I stick with any stock for 10-20 weeks!
You sound a little like Jim Rodgers...a self made millionaire in the financial markets and commodities... but he has been wayyyy off base recently.
If you are familiar with this guy, he's the one with the book and rides around the world on a Harley or something and guest hosts CNBC from time to time.
He believes (and believed) last year that all commodities would rise due to increasing demand, especially by the asians... when in fact, look at this year, the majority of commodities are hitting record lows...
Look at grains, metals, energies (like oil/gas)...
This is why inflation is down today: because the basic commodities we use everyday are at record lows.
If I learned one thing in trading commodities, it's almost impossible to pick the low price... even when you think something looks like a screaming buy. $15 was a record low for oil, so is $14, so is $13, etc..
I'd rather trade the underlying stocks that are based on a commodity.
Good Trading!
-DavidCG
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