Comment: We are on the verge of

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We are on the verge of

We are on the verge of another financial crisis even bigger than the real estate collapse.

This time, it's being driven by oil prices. It's not a supply/demand problem, nor a geopolitical one. Rather, the crisis stems from the rising inability to determine crude oil's genuine value.

A new round of speculation is growing, manipulating the energy markets. When no one can figure out how much oil prices should really be, they rise artificially... leading to catastrophic fallout.

And that fallout won't just affect energy investors or oil barons. It will affect you.

Let's face it: Oil prices touch everything. The gas you buy... the products you use... the food you eat... in some way or another oil is involved in all facets of life. Even if you don't invest at all, this crisis will almost certainly have a major impact on you and your family.

This crisis will create a new bubble - one that will make the all-time highs of 2008 look like child's play.

And when it bursts...well, that's when so much will be at stake.

http://moneymorning.com/ppc/Crude_Oil_Crisis.php?code=X304M9...