Tuesday, August 11, 2015

Many Energy Companies Will Have Problems

With the recent drop in Crude Oil prices many energy companies will have problems and there will be some bankruptcies especially in the fracking business.

Tickers: Energy Select Sector SPDR ETF (XLE), Nymex Crude Oil futures

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.