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Wall Street Unplugged - What's Really Moving These Markets

Tech companies are making a massive mistake

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

🗓️ 19 April 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

I start today’s show with a quick story about a charity tournament I recently played in… that shows how Florida has managed to ruin golf!    Moving on to the markets… Big banks are reporting incredible numbers in spite of last month’s bank crisis… I question why banks don’t face the same criticism as oil companies when they make massive profits off of struggling consumers.   I also break down how Big Tech is driving the market rally—by making a massive mistake.   Gold is surging towards new highs—but this isn’t a positive sign for the world’s economy. I share how history is repeating itself in the gold markets… why it’s bad news for the U.S. dollar… and why Bitcoin and gold will continue to soar in the years to come. On tomorrow’s episode of WSU Premium, Daniel and I will deep-dive into this subject—including how the BRIC nations are plotting the “de-dollarization” of the global economy… so make sure to join us (Subscribe to WSU Premium at https://secure.curzioresearch.com/checkout/wsup-charter.php?utm_source=Libsyn&utm_medium=230419_wsup_charter_wsumon_inline&utm_campaign=2302-WSUP-Charter&utm_term=inline&utm_content=wsu). In this episode  How Florida managed to mess up charity golf [0:30] Why don’t we criticize banks like we do oil companies? [6:30] Big Tech’s massive mistake [13:00] Gold is surging—and that spells trouble for the world [21:30] Why gold and Bitcoin will soar in the years to come [30:15] Join us tomorrow on WSU Premium [38:40]   Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/   Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/   Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com

Transcript

Click on a timestamp to play from that location

0:00.0

Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial media

0:07.0

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

0:11.6

to you on Mainstream.

0:12.6

It's gonna be where it's April 19th.

0:17.8

I think there's just a Wall Street of Papakas right behind the headlines and duh.

0:29.9

What's really going with these markets?

0:35.0

So on Friday afternoon, I play even the charity golf tournament, which I like to do.

0:42.0

Have some fun, benefit, different places, different people, and this one had to do with

0:47.9

raising money for the museum of history, not the one that you're thinking of, but the

0:52.6

museum of history for a million island Florida.

0:55.2

It's cool.

0:56.2

He's like 14, 15 years they've been doing this.

1:00.0

So with three buddies and we do these events a lot together, the golf courses here is

1:03.5

a lot of them where I live.

1:04.7

So they always have these charity events and you know, join them up if it's right, if

1:09.0

it seems cool, because chance to get together, drink, have fun, act like idiots and play

1:15.2

bad golf.

1:16.2

And we're always in the middle of the pile.

1:18.0

We shot minus eight.

1:19.0

I think the winner was minus 16 and they won't go into a lot of stupid rules that they have

1:24.2

nowadays, because minus 16, I think it's crazy and a bestball format.

1:29.8

But you know, they offer Mulligans if you pay for them and I get it because you pay them

...

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