Cramer: crude is workingThis morning, Cramer just said something I could not agree more. He said "
i think it's the time for theoil companies, not for therefiners.and i think some of thecompanies are going to look goodwhen they finish.still trying to figure outthat moving oil.well, i'm getting financialcalls that people are using thatas the commodity.choice.a pension fund, hedge fundagainst inflation because ironand, aluminum and grain is notworking.give me something as a hedge,i'll take crude.crude is working."
https://video.cnbc.com/gallery/?play=1&video=3000182488
Just as I suspected what has been hapening, for those who want to have commodities, want to hedge against inflation or the money printing, oil is the best place to go now. And, we don't have a good etf to do that, something like gld to gold. People have to go to oil stocks. They are so many and easy to track. Canadian oil producers are in their lows and, I think, should be among the best available choices.