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Wall Street Unplugged - What's Really Moving These Markets

Ep 357: Sell All Oil Stocks

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

🗓️ 22 October 2015

⏱️ 65 minutes

🧾️ Download transcript

Summary

Matt Badiali, editor of the Resource Report newsletter for Stansberry Research, says that most of the large oil companies are not safe investments.  He predicts several could cut their dividend in 2016.  He also warns of tougher times for most shale producers with oil prices below $55 a barrel and production still near all-time highs.     Frank Curzio then breaks down his presentation from the S&A Investor Conference in Las Vegas.  He is bearish on oil and told an audience of over 500 people to sell all of their oil stocks. Frank also talks about the next big trend in technology and names several stocks that will be huge beneficiaries.

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

There's it going out there, it's Wednesday, October 21st.

0:20.0

I'm Frank Curze here hosting the Wall Street Unplugged Podcast where I break down the headlines and

0:27.3

tell you what's really moving these markets

0:31.5

Just got home from Las Vegas.

0:34.0

Spoke at the Stansbury Conference, held at the Aria Hotel.

0:38.0

A company on Common Wisdom Daily was a sponsor. They asked me to present.

0:42.0

There was a sponsor they asked me to present. There was a two-day conference

0:44.8

followed by their Alliance conference which was held on the third day. Had a lot of

0:51.1

fun though. I mean caught up with a lot of old friends truly humbled by all the support.

0:59.0

I would say 85% of the 500 plus people that were at the conference listen to this

1:04.9

podcast. That's some great conversations, but a lot of listeners personally, so

1:10.8

really great time, a lot of fun.

1:14.4

Just wish I could have spent more time with everyone

1:16.7

because it was crazy, you know, it's just something

1:19.4

I'm not really used to, but, you know,

1:21.1

walk through the halls and people coming up to you I was stopped a lot and you know people

1:25.2

ask me to take pictures with them it's a weird experience for me so you know it's a

1:32.1

for me I don't know kind of kind of uncomfortable to even talk about it, but I'm just glad so many of you listen to this. I try to provide a really great podcast for you. Try to have great guests on, make sure I bet these guests and they're good and you know they say what they're going to do and they're investing in these situations that they're giving you.

1:49.0

They come on if they have losers and tell you why.

...

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