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Red River Valley | Shale producers will pump till $20 or so I expect below that production gets shut in.
activity slows companies get into financial trouble, both they and investors loose money its the business cycle. The business cycle if left unfettered will ring excess out of markets, so Just as the people who bought the top 5 years of the land market will loose money as the excess of ag gets rung out so to does it happen in other markets.
that is why when all others are running head long into a investment one needs to turn and walk away - and once they all come running back past you its time to grab your you gear and start looking for possibilities.
off course I'm usually considered a Debbie downer around here so one shall see | |
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Who would have thought
