Posted by Leonard Steinberg, President of URBAN COMPASS, on January 24th, 2015

As the price of oil dips, word is out that some are hoarding large supplies of oil in anticipation of rising prices in the future. Recently I hear of chatter amongst the very wealthy how they are hoarding (very cheap) cash in anticipation of a market correction. The volume of these hoarders leads me to believe that if a correction were to take place, it could be cleaned up rather quickly.