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Wall Street Unplugged - What's Really Moving These Markets

Ep. 141 - Eric Sprott Unplugged

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

🗓️ 25 July 2012

⏱️ 61 minutes

🧾️ Download transcript

Summary

Eric Sprott, one of the best resource investors in the world, says gold and silver are the best place for investors to have their money right now. Eric also sees natural gas prices moving higher as the clean energy makes its way into cars.

Transcript

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0:00.0

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

0:09.2

you unscripted interviews and breaking commentary direct from Wall Street right to you on

0:13.9

mainstream.

0:16.9

How's it going out there? It's Tuesday, July 25th and I'm Frank Curz. You're a host

0:21.7

to the S&A Investor Podcast where I break down the headlines and tell you what's really moving these markets.

0:29.0

So if you haven't heard, I was in New York City last week, my hometown, I do miss New York,

0:38.0

until I went through the Midtown Tunnel to get from JFK to my hotel, which is in Midtown, the toll is now 650 each way.

0:50.0

And to put that in perspective, it was 450 when I left, about two and a half years ago.

0:54.6

I live in Florida, playing new subscribers and new listeners out there.

0:58.6

So it's now 650.

1:00.6

It's going to go even higher in the next few months.

1:04.0

The Varasano Bridge, I'm hearing, it's $14.

1:08.0

That's one way at least.

1:10.0

That's how much the tolls are in New York.

1:14.0

People love New York too.

1:15.0

I mean, I went out to see some hedge fund buddies,

1:19.0

went out with them on, I believe it was Monday night,

1:22.0

hung out with them a little late on Monday,

1:23.4

then I had a polka tune on I was on Tuesday, I'll get to it a minute.

1:27.0

But just talking to these guys, they all have homes in excess of $500,000.

1:32.0

You know, they paid from over the past couple of years at the

1:34.3

height of the market. They're paying $15,000 a year in property taxes and

...

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