There are going to be a lot of new millionaires in a year or two or three or ten when oil does bounce back due to the fire sale in oil stocks right now. There are dozens of tightly run, highly solvent old line companies whose stocks are currently in the pits but not for fundamental reasons. US shale producers lead this charge to increased supply and lower prices and they have already figured out how to make money at 40 bucks a barrel, Saudi Arabia and OPEC are finished as market makers and will soon be in dire straights, which many members are in already.
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Today's Featured Article - Farmall 460: That's My Girl - by LeAnn R. Ralph. How many sounds can you think of that are as familiar to you as your own breathing? What about the hum of your refrigerator? Or the thump of your clothes dryer? Maybe the engine of your car? You hear those sounds every day, and you don't think much about them, do you. I can think of a few common, ordinary sounds in my daily life, too.
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