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Stansberry Investor Hour

Is Bitcoin Breaking Away From a “Crypto Winter?”

Stansberry Investor Hour

Stansberry Research

America, How, To, Crash, Money, Learn, Stansberry, Income, Research, Debt, Stocks, Porter, Business, Realestate, Banking, Investment, American, Investing, Invest, Howtosave, Sjuggerud, Ferris, Eifrig, Jubilee, Buck, Sexton, Market, Bonds, Churchouse, Savings, Options, Lashmet

4.4677 Ratings

🗓️ 21 November 2019

⏱️ 87 minutes

🧾️ Download transcript

Summary

This week, Crypto Capital Editor Eric Wade stops by the podcast to chat about his recent seminar with former Congressman Ron Paul about the future of money. Extreme Value Editor Dan Ferris asks Wade about the future of cryptocurrencies, and what increased government scrutiny means for the sector. Listen now!

Transcript

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0:00.0

Broadcasting from Baltimore, Maryland, and all around the world, you're listening to the Stansberry Investor Hour.

0:11.5

Tune in each Thursday on iTunes for the latest episodes of the Stansberry Investor Hour.

0:16.6

Sign up for the free show archive at Investor Hour.com.

0:20.2

Here is your host, Dan Ferris.

0:22.6

Hello and welcome to the Stansberry Investor Hour. I'm your host, Dan Ferris. I'm also the

0:27.4

editor of Extreme Value, a value investing service published by Stansberry Research.

0:33.2

Today, we have a great interview with Eric Wade, our resident crypto doctor.

0:42.2

But first, yours truly has a thought or two to share.

0:47.5

Now, one thought is from my colleague Scott Garless of Stansberry Newswire.

0:57.7

In a recent piece in Stansberry's Daily Wealth newsletter, Scott says the stock market will keep making new highs for three primary reasons. They are higher corporate earnings, higher corporate revenues, and ongoing share

1:06.5

repurchases by corporations. He says the higher corporate earnings, like 90 some odd percent of,

1:13.5

I think 93 or 94 now, percent of companies in the S&P 500 have reported their quarterly

1:19.1

earnings. And 75 percent of them beat earnings by an average of about 4 percent.

1:25.5

60 percent of them reported higher revenues.

1:28.2

That's really good, too.

1:30.2

And ongoing share repurchases.

1:32.9

Everybody says that these, you know, tend to support stock prices.

1:36.5

And I don't argue against any of that.

1:39.2

So, you know, I'm bearish, right?

1:41.2

I've been bearish for a couple of years here.

1:42.9

So I need to, and I've

1:44.7

been wrong. So I'm presenting other views here. A couple other ones anyway, as you'll see.

...

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