Where true wealth is made

Discussion in 'Economics' started by EMRGLOBAL, Oct 24, 2011.

  1. http://www.telegraph.co.uk/finance/...44646/World-power-swings-back-to-America.html

    Even the Brits understand the Shale play. The Energy Market in the US may be the only saving grace to keep the Republic from folding.

    So far this year, we have raised a record amount of money from Private Investors to fund Oil/Gas Wells in NY, PA, TX and ND.

    As long as KING OBAMA does not take away the private tax break for investors, business should continue to boom over the next decade.

    Of course, there are dry holes but there are also producing wells and that is where true wealth is made. Even Rockefeller stated, his true wealth came from OIL.

  2. True for few, but the vast majority of the truly wealthy made it in Real Estate.
    You've heard the joke about the poker game in old Vegas, a high roller runs out of money, and asks if he can get a loan against a deed to 1 sq. acre of land. The pit boss asks him where this acre is located, and the gamblers reply was " downtown Chicago".