Peter Sterling

The Triple Play: Oil Addicts, The Credit Crunch and Deflation

America sowed the seed of its own destruction by allowing anyone who could walk secure a home loan at inflated values. In any game of musical chairs there are always losers when the music stops. The wonderful new supply of housing is actually a massive long term benefit to the country (at more realistic prices).

There is plenty of oil and gas in the US but congress and the States have made most of it off limits with moratoriums and other sneaky imposts. Your reap what you sow. Those small brained people who passed those laws should be cast out of the city gates.

How to make money, buy smaller emerging oil and gas stocks. The big ones have had most of their run. Short everything else.