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2016/03/20

"They Blew It All on Hookers and Cocaine"

Wealthy Retirement
Brought to you by The Oxford Club
Sunday, March 20, 2016

"They Blew It All on Hookers and Cocaine"

 
 
editor headshotOPEC is hell-bent on flooding the oil markets until the United States cries "uncle."
 
Now, in late March of 2016, we just may be approaching that sorry point...
 
American oil companies have slashed at least 100,000 jobs... directly attributed to cratering oil prices... since October 2014.
 
And that doesn't even factor in the side effects on boomtowns turned ghost towns in Texas, North Dakota and other states.
 
"It touches everything from the dry cleaners to the yogurt shop," one Texas resident told CNN. "I see a lot of young people who went out and bought $70,000 trucks and speedboats," he added.
 
Now they are walking to the unemployment office.
 
Others among the "newly rich" were even less prudent.
 
"They blew it all on hookers, coke and fancy toys," said one North American industry analyst of those who suddenly went from flipping burgers to six-figure salaries.
 
Yet it's about to get much worse... and NOT just for the oil industry.
 
"The free fall in the oil prices has sent the stock markets into a period of volatility and pushed the oil industry into a mess with far-reaching ripple effects," read a new briefing on Nasdaq.com just this past Wednesday.
 
Oxford Club Resource Strategist Sean Brodrick has put together a list of seven widely held stocks that he believes will ultimately be crushed and left for dead in the months ahead.
 
But as scary as things may be right now, Sean says there is one particular "loophole play" for massive profits.
 
 
Good investing,
 
Andrew
 
P.S. If you hold stocks, bonds or even Treasurys now... you're going to want to prepare yourself for what's to come.
 
For details, just click here.


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