Something Just Snapped At The Comex (Zero Hedge), page-87

Can any of these statements be backed up with credible evidence. It sounds more to me like a Bernie Maddoff or Enron explaining how she is all sweet.

- Industry sources are saying that US shales survives down to $30 a barrel.
- US shales runs quite a high equity component in their capital structures.
- US banks don't own that much shale debt.
- US banks are massively over capitalised.