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Wall Street Unplugged - What's Really Moving These Markets

Ep 284 Cactus Says Get ready For $100 Oil Prices

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

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

4.51.1K Ratings

🗓️ 11 February 2015

⏱️ 69 minutes

🧾️ Download transcript

Summary

Cactus Schroeder, oil expert and 40-year veteran of the industry, predicts oil prices are heading back over $100 a barrel.  He gives us a history lesson comparing this downturn - with the oil crashes that took place during the mid 1980's and the 2008 credit crisis. Cactus also highlights how the costs to drill wells continue to fall each passing quarter.  He talks about one particular industry (within the oil sector) that investors should continue to avoid. Then, Cactus shares his two favorite stocks he's buying right now.   Visit me at  to ask me questions for learn more about my newsletters

Transcript

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0:00.0

Wall Street Unplugged looks beyond the regular headlines heard on mainstream

0:06.1

financial media to bring you unscripted interviews and breaking commentary direct from Wall Street

0:11.8

right to you on Main Street.

0:14.0

How's it going out there?

0:17.0

It's Wednesday, February 11,

0:19.0

and I'm Frank Curzy,

0:20.0

host of the Wall Street Unplugged Podcast,

0:22.0

for I break down the headlines and

0:24.5

tell you what's really moving these markets.

0:29.2

Just got back from Orlando. My wife and I decided to take a quick two-day vacation without the kids.

0:39.0

It's been really crazy over the past five months.

0:42.0

I'm visiting so many companies deciding exactly what I

0:44.1

wanted to do so we really haven't spent much time together and every February my mom

0:48.7

comes to you know where I live in Florida and she gets a condo for the full month so she was nice enough to watch the kids and

0:55.7

my wife just decided to get away. We think about Vegas but for two three days you know I'm on the East Coast and

1:00.6

you know the plane ride alone is to take up a day or two.

1:03.0

So we said, let's just go down in Orlando, hang out a little bit, have some fun.

1:07.0

My wife and I visited a few parks, including Epcot and Hollywood Studios.

1:12.0

We have an annual pass with the kids. It's only about

1:14.8

two and a half hour drive from here so we go back and forth on the weekend sometimes.

1:17.8

Pretty cool. Take the kids a few times each year.

1:28.0

But I have to say after going to these parks, I have three words for you. Go buy Disney.

...

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