Oil likely to go negative again. I saw a ton of young investors piling into uso and I don’t they understand how the fund works. I had a friend ask me he should but this and I told him no. First of all you can see over the long run the primary trend is down and I put a chart of crude oil on as well so you can see that it not only goes down faster than crude but has less upside. This fund buys oil futures contracts and never receives delivery on the oil so they consistently have to lose money to renew the contract for the next month, it’s not like slv or gld where they actually buy and hold physical silver and gold, this fund will consistently lose money. It is down over 90% so I don’t want anyone try to play oil with this fund. I don’t recommend anyone play oil now unless you really understand what you’re doing. The oil futures are likely to go negative again so it’s gonna be a race to get your money out without having to take delivery which won’t be profitable for most. If you play it right you maybe able to make money on the short side of oil futures. Long term oil is going way up with inflation but we’re gonna need to see the economy reopened and some other thing.