Ep 341: Reckoning In Stocks Starts On October 7

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

4.5 • 1.1K Ratings

🗓️ 26 August 2015

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Larry Edelson, editor of the newsletter at Money & Markets, is predicting a huge crash in the global markets. More important, he says this massive pullback will start on October 7 - and then last for several years. By using cyclical analysis, Larry has a history of predicting major market moves including the 1987 market crash, the collapse in tech stocks in 2000 and the credit crisis in 2008. He is calling the next collapse in the markets "The Great Convergence." In this interview, Larry tells us why the markets will start to fall on exactly October 7... He explains why he is calling this cyclical downturn the great convergence... And he also provides unique ways for investors to profit from this eventual collapse in the global markets.

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.
0:16.0	There's going out there, it's Wednesday, August 26th.
0:19.0	I'm Frank Curze, I'm Frank Curze,
0:20.0	a host of the Wall Street Unplugged Podcast,
0:22.0	where I break down the headlines and...
0:25.0	Tell you what's really moving these markets.
0:29.0	Help all of you got the chance to listen to my special podcast on Monday.
0:35.0	Publish it like 1 PM when the markets were crashing.
0:40.0	What was it, down 500 down a thousand and down 600 back and forth came all
0:47.2	way down only 200 points pretty crazy day so I provided a game plan for
0:52.2	investors into special podcast absolutely for free
0:55.4	published it on Monday instead of Wednesday.
0:57.4	Gee, it's set this to buy and avoid a bunch of stocks that look incredibly cheap that you should look to invest in.
1:05.3	And I got these names by doing tons of screens through my capital IQ system, amazing system.
1:11.2	We ride at least 15 ideas that incredibly cheap, unbelievable, saying look at the market comes down 10, 15% more.
1:22.0	These are definite buys for long-term holders. Companies that pay over 3%
1:26.5	yield. Safe companies. Again, definitely listen to that podcast, getting a lot of positive feedback from it.
1:35.0	There's different from what you were hearing on Monday, which is all fear-based and everyone going crazy.
1:39.0	Oh, we're going to worry about everything and nuts.
1:41.0	Mark's going to crash even more. You see a nice rebound.
	...

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