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Wall Street Unplugged - What's Really Moving These Markets

Ep. 134 - Biggest Beneficiary of QE3: Gold

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Commodities, Investments, Economics, Trading, News, Stocks, Oil, Uranium, Business News, Crypto, Investing, Crisis, Business, Gold, Industry, Debt, Macroeconomics, Talk, Research, Personal, Geopolitics, Curzio, Finance, Tokens

4.61.1K Ratings

🗓️ 6 June 2012

⏱️ 55 minutes

🧾️ Download transcript

Summary

Chris Mayer, editor of the Capital & Crisis newsletter, expects a bailout of the European banking system... Plus, China and the U.S. announcing their own stimulus plans in the months ahead. He says this may not have the "normal" positive reaction for stocks... But gold will soar.

Transcript

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0:00.0

S&A Investor Radio looks beyond the regular headlines heard on mainstream financial media

0:07.0

to bring you unscripted interviews and breaking commentary direct from Wall Street, right to you on Main Street.

0:15.0

How's it going out there?

0:17.0

It's Wednesday, June 6th.

0:19.0

I'm Frank Curzio, host to the SNA Investor Podcast,

0:22.0

why I break down the headlines and tell you what's really

0:25.8

moving these markets. I have to tell you a story that probably won't meet any points with you today.

0:35.0

It's about my family, have a bunch of nieces and nephews, awesome kids,

0:41.0

fortunate, have a lot of fun with them.

0:44.0

When I see them, I'm Florida now and all of them live in New York, so I really do miss them.

0:49.8

But each year, my brother and sister send pictures of their kids like after

0:54.4

graduations and the holidays I'm sure a lot of people listen to this

0:57.3

families do that all the time and it's really cool I like getting in pictures

1:01.6

especially now like I said you know I don't see the kids often maybe once or twice a year and you know I really miss some great kids.

1:08.0

However, my niece and nephew are now going through puberty.

1:14.0

And when you go through puberty, kids are...

1:18.0

You know, I can't really put this nice, but they're kind of ugly when they go through puberty.

1:23.0

And you know, look, I was real ugly when I went through puberty.

1:26.0

I had pimples everywhere, bad complexion, you know, bad hair for some reason.

1:30.0

I think I was even pretty fat back then too.

1:32.0

I do work out now. I look much better.

1:34.0

But you know I told my wife and you know I wasn't being mean at all that you know

...

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