“Why don’t we fly to Aspen for lunch…?” About 10 years ago, we visited T. Boone Pickens at his famous ranch, Mesa Vista. The ranch, at 100 square miles, consumes a little over 10% of Roberts County, Texas. It has 18 miles of manmade lakes for duck hunting and bass fishing. There are more than
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The Next Phase of the Bear Market will start with a Subprime Auto Credit Collapse, then a Commodities Crash and finally Consumer Panic. Lucky Lopez buys repo’d cars. He’s a 20-year veteran of the auto industry. As a car dealer and auction buyer, Lopez sits on the frontline of the auto financing market. He’s even
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How Driftwood Will Turn $2 Billion into $100 Billion With Two Permits and Bechtel. What Happens When Political Delusions Run Headlong into Economic Realities. Sunday, September 7th, 2008 was a bad day for Hank Paulson. The U.S. Treasury Secretary (and former CEO of Goldman Sachs) was dealing with a financial Armageddon – one he’d
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How two brothers (you’ve never heard of) became America’s largest producers of natural gas… What they’re doing next will make billions and transform the global market for energy. “The company’s corporate slogan ought to be death to Saudi Arabia.” The media and our political leaders are focused on today’s short-term bear market problems: gasoline prices,
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