Thursday, September 8, 2016

Oil Stocks: Many Companies Cannot Make Money Right Now

The American frackers cannot make money right now nor the people in deep drilling or the the Canadian oil sands. (Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO))

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.