GHF Group Hedge Fund Surges on Higher Oil

Wall Street speculators are buying oil heavily, a fact that sharply increases the potential returns of GHF Group's hedge fund backed by crude oil options.

Both institutional traders and high net worth individuals are betting big on further oil price increases. This is in great contrast to the struggling world economies finding their way from a long global recession. Last week the West Texas Intermediate crude contract sales jumped, mostly due to speculators who are not end users of the commodity.


Data from the Commodity Futures Trading Commission indicate nearly fifty thousand new contracts were purchased by this category of buyers. This jump in speculative money towards oil futures show that major financial players are anticipating the price of WTI crude to surge well above the recent $104.49 seen last week. If their predictions are correct, it will bring $4 gasoline per gallon a step closer.


The speculative zeal is so significant that the larger trading firms now have almost twice as many long contracts open as they owned in 2008, when oil spiked to $146 in the summer, a development that either pre-indicated or caused the global economic meltdown, depending on one's perspective.


This adds to mounting evidence of a further rise in oil prices, which will only compound the squeeze on consumer's wallets. If oil and other commodity prices continue upwards, it is only a matter of time until the economy says enough.


Global Hedge Fund Group Ltd. (GHF Group) has been developing customized alternative investment solutions and providing corresponding advisory services since 2000. Our priority lies with hedge funds and private equity. GHF Group has also become a leader in providing funds in the life settlement industry. All products are designed to provide sustainable and above-average rates of return. Instability and risk are reduced by well-structured investment strategies whose clarity and success are established. Our team of competent professionals has the distinction of reliability, effectiveness and promptness. GHF Group's expertise in hedge funds is enhanced by a close association with leading research firms, successful hedge fund managers, and brokerage houses whose macro research gives its research team an edge in understanding world market trends, enabling them to make better hedge-fund allocation decisions. For more information, visit Global Hedge Fund Group's website at ghfgroup.net.


This news release may contain forward-looking statements, as defined by securities laws, including statements about the financial outlook and business environment. Any such statements are based on current expectations and involve a number of risks and uncertainties. Important factors, including those mentioned in this news release, that could cause actual results to differ materially are set forth in the company's current annual report and subsequent filings. They include risks and uncertainties relating to the pace at which GHF Group adds new clients or at which existing clients use additional services, the value of global and regional financial markets, and the dynamics of the markets GHF Group serves. GHF Group encourages investors to review filings in conjunction with this announcement and prior to making any investment decision. The forward-looking statements contained in this news release speak only as of the date of release, and the company does not undertake to revise those forward-looking statements to reflect events after the date of this release.

Share:


Tags: fund, GHF, group, hedge, investment, profit


About Global Hedge Fund Group Ltd.

View Website

Ms. Mallory Stewart
Press Contact, Global Hedge Fund Group Ltd.
Global Hedge Fund Group Ltd.
28 Hospital Road, PO Box 1993
2nd Floor
00000