The innovators in America’s shale patch are rethinking their business plans
The innovators in America’s shale patch are rethinking their business plans, with oil down more than 40% since June. The U.S. stock market keeps roaring up… but we’ve also had two violent downswings in less than three months. The fallout from events in Russia is sending tremors through currencies, bonds and other asset classes.
And as our Jim Rickards told us in this space back on Nov. 20, the global elites are signaling each other about an impending crisis. They’re hiding behind euphemisms like “the potential for a buildup of excessive risk in financial markets”… but that’s how they talk to each other so as not to alarm us rubes.
So here’s the first thing you must know today: Despite those warnings, Jim Rickards is not retreating to the hills with a five-year supply of ammo and Mountain House freeze-dried food.
“I travel, I give speeches, I still live my life,” he tells us.
