Investor's Edge with Gary Kaltbaum - incompetence [10.03.2024]

Episode Date: October 3, 2024

https://garykaltbaum.com/

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or Lose. com, diagonal term, subject to changes. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge.

I'm Gary Coltbaum, your host. Thanks for being with us. Glad you hear, ladies and gentlemen, happy that you're listening. It's October 3rd. It's Thursday. It's 2024. And in case you don't know, this is the least listened to, most important show that you'll ever listen to. on you, your money, the markets, the economy, your job, your industry, the election, and everything

else that matters. And we do it without any ulterior motive agenda or bias. We state the facts. We complain about all because they have rotted us. And we'll have a bunch of that today. wait to you here, wait until you hear what these incompetent corrupt boobs in D.C. in this administration did or didn't do next. As I have said to you, there is nothing I like about Trump. Nothing. I know tax cuts, regulations. He's missing so many pieces of the puzzle, in my opinion. I'm sure plenty of you disagree. And that's okay. I respect you. Hope you respect me. And if he does win, we hope he grows some presidentialness. He's out today again saying he won the last election. But I digress. If you do not get this radio show

In Your City, we'll post it at GaryK.com. We'll also post it on our Twitter feed, which is now X. And if you don't follow us on X, you should. Just go there and put our name in. And if you'd like to email us, we just want you to be

nice and respectful because that's the way we are right back at you. And we stop there. We have a loaded show today. but I have to start with one stock, a gargantuan potential sore thumb. Notice the word potential.

There are never ever guarantees on anything we do here, anything we state here. If you recall on January 5th, a Friday of this year, leading up to that day we were explaining to you how Nvidia was setting up for a potential major breakout of a five-month trading range. Remember that? And on that Friday the 5th, we said, it's tightening up here, and it looks like it's getting close.

On Monday, it breaks out, goes up 90% on that move before top and out. that's what I am talking about when I say to you on this show sore thumbs today a little bit different though today is not about something that is breaking out of range but as you know we are students of history here and I want to harken back to the year 2015 dash 2016 a company called Windsor resorts, W-Y-N-N, the CEO of the time was Steve W-W-N-N-in-case you don't know he started the, what's the word I'm looking for, the glamorization of Las Vegas when he started with the mirage and all these really nice hotels. Steve Wynn was ultimately, his ass was kicked out from being CEO. There was accusations of sexual this and that from massages. Who the hell But he's not there anymore.

But I digress. In 2015-2016-2016, Wins Resort Stock was in a bare market. Simple as that. It had dropped, I'm pulling it up as I speak. It had dropped big time. I'm going to get the monthly out, excuse me, from a high of 250 to a low of 50 to a low of 50. And for the life of me, excuse me, I don't remember why.

I just remember that it did. And in those months, Steve Wynn bought $100 million worth of his own stock on a couple of lots. didn't buy it all at once, but he bought big chunks at the time, $100 million of his own money, from somebody who knows the company best, and by far. Subsequently, by 2018, the stock went up about fourfold. off of that buying and i have no idea what he did with this stock afterwards we bring this up because we used to write about insider buying and insider selling but the problem with insider buying there hardly is any any more that stand out the sore thumbs that can get one excited

holy crap look what that person just did and then there's this morning so i walk into today and I'm doing my usual due diligence. And in case you don't know, we work very hard at this. And first, let me state for the record, just because insiders are buying their own stock does not mean the stock has to go higher. I have seen insiders buy stock, and the stock crashed. But I've hard, I don't think I can remember seeing

Somebody buying $100 million of their stock. And then, oopsie, I walk into today, and you probably don't know who this person is because I don't. His name is Rakesh Gangwal. He is the ex-CEO of U.S. Airways that was bought out by, I don't know who they were bought out by. but of course what I do here because I'm ambidextrose U.S. Airways

bought out by UAL. He is also a director of Southwest Airlines who's going under a lot of restructuring of the airline.

As you know, Southwest has this thing where you line up if you've ever flown it, where you're A, B, C, and whatever, and you pay a little more. You can be A something or other, and you get to go on and pick your seat. There's no first class. There's no premium.

And they're changing all that. Also, there have been some activists putting on the push. Gary Kelly, the CEO, and he was chairman of the board. I believe he is now resigning from that going forward. was a great CEO. I find out this morning on September 30th and October 1st, Rakesh Gangwell bought $106.7 million of Southwest Airlines stock. Just in the last few days, on top of that, and this is not big,

Gary Kelly bought a million dollars worth of the stock. my suggestion to you is put it on your screen. I have not bought any yet, but this is one big gigantic sore thumb. Now the only way it can go up is by going up, and that's all we care about. We don't care that this guy bought a ton of stock. We don't.

We care about if the stock is going to go skyward. And we doubt this is going to be a wins resorts. Technically, the stock closed at 30 and a half today, up 93 cents on the news, and it's trading at about a six-month high. Make it seven. It gapped down in March, and you got that gap it needs to fill. I would also let you know that the stock is sitting right where it was in 2014. The high was 67.

still 30 and a half. Up next, we'll put a bow tie on it, and we got lots to cover today. I'm Gary. This is the one only Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy.

If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-559. That's 888422-5-5-9. That's 888-4-22-55-59. Investment Advisory Services offered through call-bomb capital management. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions

you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CBS pharmacist Victoria Motola. who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with.

So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. With record U.S. debt, ongoing geopolitical tensions, and constant market swings, many people are rethinking how to protect their savings. Physical gold and silver have been used for generations during uncertain times to diversify, not replace traditional investments.

Preserve gold helps Americans understand these options. Text eye heart to 50505 to get your free wealth protection guide and explore how precious metals may fit into your retirement planning. For delicious meals, you could go out to eat or spend hours in the kitchen. Or you could just make a Marie Callender's meal. Yeah, you heard me. Marie Callender's classic chicken parmesan bowl is delicious with scratch-made marinera sauce, creamy mozzarella cheese, and no preservatives.

It's high in protein with 30 grams per serving. Marie Callender's what having it all tastes like. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion.

of quality programming with Gary Coltbaum it doesn't get better than this so just like we did in 15 and 16 when we told you about Wins Resorts we will keep on top of Southwest Airlines and see whether Rakesh Gangwal and

Gary Kelly know what the hell they're talking about when it comes to the stock price symbol LUV we are not advocating buying selling shorting or covering. We are just letting you know somebody who knows the company intimately, took out

$106 million of his own bucks in the open market and the Gary Kelly a million bucks. We start with Southwest Air. Next, oil prices up $3.78 today. That's a huge move. what is happening is the talk that's been going around is that Joe Biden has been talking to Israel about attacking Iran's oil industry. And of course, if you do that where there's a lot of oil coming through a place called the Straits of Hormuz, well, the price of oil is moving up in advance in case that happens. Oil stocks were up very decently today off of that.

Just want to let you know that news is fluid. That can change tomorrow. But I suspect Israel going to put the hammer down on the terrorists. They've been winning big time. They've been taken out a lot of bad people. and I do not believe they are done. They just sent in a bunch of ballistic missiles into Israel, and Israel is not going to be so kind about it.

We'll keep you up to date on it. Next, we just want to point out, maybe it's because of oil prices, maybe it's because of Israel. I don't know. We're seeing a lot of breakdowns in the market. not enough to kill the goose. But we're seeing a lot of breakdowns,

but we're seeing good action too. As you know, we told you about meta breaking out of a five-month trading range. It was up another $10 today with the Dow down 184. We told you about Nvidia yesterday, up four bucks today on that news about whatever the CEO said. You got better action. That Palantir, everybody talks about.

Kava Group acting well. So there are things acting well, but I will tell you this. There's something called the KBE. It's the bank index. It's below the 50-day moving average, though. It's not really hurting anybody. Not in any big way.

KDBBWB, another bank index, a little bit below the 50-day. The regional banks below the 50-day, though they reversed a little bit today. Auto dealers acting poorly. a bunch of big biotech acting poorly poorly I'm noticing some medicals breaking down just some more and more things what I call going by the wayside which by the way makes my job easier I don't mind narrow markets less I have to watch so I just want to let you know and we'll come at you and say hey this area that area this area that area I can tell you right now regional I ain't touching the banks are under pressure Bank of New York, we've been telling you all along, that's been the strongest name.

A lot of the retail stocks still putrid. Ain't gone near them. A lot of the semiconductor stocks, not good at all. And that's something to be watched quite closely. And in the Dow, of course, there are names like Disney and Boeing, which are just holy crap to those names. So just letting you know, it's quite selective. Now here's something else very important. I want you to listen carefully because I think we explained this yesterday.

So you got this guy named Jay Powell who thinks he's got. And as you know, we've been telling you we don't think he knows what he's doing. He thinks he controls the economy and he does not. It's 150 million of us that go to work every day. It's all the great businesses and companies that are creating, wealth and jobs and productivity gains and technological advancements and medical breakthroughs. J-PAL, I lowered the Fed funds rates a half a point and I have engineered a soft landing. My ass.

What's interesting is as he has lowered his little Fed funds rates, which by the way, as we have said to you, was way above the free market, the investing, trading, and speculating of investors, traders, and speculators, the 10-year yield, which is a lot more important than Jay Powell, unless he's printing to 9 trillion bucks. Interesting that the 10-year yield since he lowered his rates

has gone from 37 to 3.7-8 and a half. 3.8 not the biggest the move, but the trajectory near term looks upward. So how can it be that long-term rates are going up while he's low in his rates? Why? Because when he is, unfortunately he still counts, when he is looked at as an inflation fighter, bond market will cooperate.

Now that he says, everything's great, don't worry about the inflation anymore. I swear, I swear, I swear, I swear. while the bond market's going the other way. And we're not saying inflation's coming back. We're talking about the rate. Of course, you're still paying high prices. By the way, I went to see the Halloween candy today. In Publix here, they're offering these bags of Nestle's, you know, the crunch and stuff like that.

$5.99 a bag that used to be $3.99. But they're offering two for one like they're doing you a great deal. just letting you know anyway so we're letting you know that the bond market we better not see 10 year yields go to four four and a quarter

four and a half I don't think the stock market's going to be very happy about that so we're going to be watching that closely because the 10 year yield is not behaving well this second and remember what we really do believe and we pull no punches

this guy pal don't know what the hell he's doing his buddies don't know what the hell they're doing they have been wrong on everything they have used us to explain why they're so good at what they do hey yeah we engineered a stuff like no it's us we're the freaking economy there are a bunch of bozos in the eckles building in washington dc that has screwed everything up and distorted so much crap starting with Bernanke. By the way, he was ground zero, one of the causes of the financial problem. Up next. We got more. I'm Gary. This is the one only investors at. Hi, I'm Dr. Jake Goodman, host of Beyond the script, the podcast where I sit down with

pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola. who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomachache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomachache every day. Or I'm constantly feeling like gassy.

And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medicare. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts.

Every day, the headlines shift, but the uncertainty never seems to fade. From rising geopolitical tensions to record U.S. debt and ongoing days. debates about inflation and money printing. Americans are watching economic forces that feel far beyond their control, and for many that instability is showing up in retirement accounts, personal savings, and long-term financial plans. More people are taking a closer look at options that don't depend on Wall Street. Physical gold and silver have been used for generations as real, tangible assets during unpredictable moments like these. They're not about replacing existing investments. They're about adding a layer of diversification that has historically helped

provide balance during volatile periods. Preserve gold focuses on education, giving everyday American straightforward information about how precious metals can fit into a retirement strategy, including options to hold them inside an IRA to get your free wealth protection guide. Text IHeart to 50505. And with a qualified purchase, you could receive up to $15,000 in free gold or silver. Text IHeart to 50505 today. For delicious meals, you could go out to eat or spend hours in the kitchen. Or you could just make a Marie Callender's meal. Yeah, you heard me. Marie Callender's classic chicken parmesan bowl is delicious with scratch-made marinera sauce, creamy mozzarella cheese, and no preservatives. It's high in protein with 30 grams per serving.

Marie Callender's, what having it all tastes like. that the crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. So, uh, 41-943, 4201. The Dow was down 184 today.

I think at one point today, it was down 41-847. It was down like 330. And it was down like 240 with like, like, three minutes to go and they popped it for 60 points. It was still down 184. And just IBM remained strong, up another three bucks, but pretty much everything down a little bit. Nothing bad.

Goldman was down six bucks under the 50-day moving average right now, not hurting anything, but under the 50-day moving average. Apple was down a buck. I think Apple was down three bucks at one time today. Am I right? Where the omit? Interesting. Apple rallied in the last 10 minutes from $2.24, about a buck 80.

It was down almost three bucks, and they really popped it into the close. Wow. Big move in the last few minutes on Apple. Do I see any news into the close? No, I don't. No. What else? China.

Oh, my God, China stocks were down today, except for a couple. But I must tell you, the amount they were down. The China stocks, a fly on an elephant's butt. That's how strong they've been. And we will see how they pull back to where they pull back and hopefully some entries because we think, well, duh, something's going on. Advanced declines today were not very good. The crypto, kind of flattish and still nothing going on.

Semis a little bit of a better day, but kind of mixed. But there's leadership going on. Service Now APP app loving, it's called. That Kava Group, the restaurant, Palantir. Everything else was kind of trade desk was up a couple today. But kind of mixed today. And my stuff screen besides oils was beat red today. That's commodities, housing,

economically sensitive transports auto dealers biotech a lot of medical a lot of retail insurance a lot of financial

so whatever whatever whatever whatever on that and now we move on well do you remember what they did to George Bush on Katrina do you remember that remember the media

is scum. They don't give a crap about you. The only thing they give a crap about is we hate the Republicans and we want to make them look as bad as possible. We love the Democrats. We want to make them look as good as possible. If the Democrats do bad, shh. If the Republicans do good, if the Democrats do good, let's have a party. If the Republicans do bad, crush them. so George Bush Katrina he answered the bell on Katrina like three days afterwards and took a flight over

the Katrina and they ripped him to freaking shreds they ripped him like you wouldn't believe like he was Hitler Mussolini Pol Pot and every scum-sucking sleazy piece of crap in history Biden and Kamala Harris

Let me tell you what they've done. FEMA's broke. They have no money. They spent between $640 million and a billion dollars on migrants coming in from the border. And they're broke. The adult from Homeland Security, who was part of the open borders, We don't have money. People on video are screaming and yelling at the administration.

But you know where? Online and on a certain great network. The mainstream media, they're blacking it out. There's your Biden administration. But John Podesta has 300. $150 billion of our tax dollars for climate. Oh, of course, they're blaming this hurricane on climate change because we've never had any hurricanes before. Let me continue.

The United States of America, in this case not us but them, has added 4.2 trillion of debt in the last 18 months. And that is since, and I'm not making this up, the Fiscal Responsibility Act was signed into law. They named a spending bill the Fiscal Responsibility Act and now since 18 months, 4.2 trillion more debt. 12 trillion since 2020, 26 trillion since 2008. These people are a bunch of corrupt. I better shut up. Let me continue. Oh, the media is not reporting this.

Let me tell you what else the media is not reporting. Did you watch the debate? J.D. Vance said, they said they're lying. J.D. Vance and Trump when they say that Kamala Harris was named the Bordersar. CBS put up on their Twitter feed that same thing. Yet somebody put up a reporter from CBS announcing that Joe Biden has called Kamala Harris the borders are. These people will lie out their ass right in front of you and just not care. Just to move their own needle.

and in case you don't know if you do not believe in the climate change con Joe Biden thinks you're brain dead they must be brain dead if they do that's what Joe Biden said about you just letting you know I must be brain dead while they confiscate

our wealth and a side note in Seattle a judge released an accused killer it's 27 hours after murdering a 65-year-old military veteran. I just have to mention that. I also have to mention that Kamala Harris announced

victims of Hurricane Helene will be eligible, received $750 each. Ain't that great? Do you know what the migrants have been getting? I weep that the alternative is Trump, but we cannot continue the trajectory of these people that are cutting the living hell out of you with a complicit media. Do you know what else is not being reported today?

I'll finish this with this and this has nothing to do with you. Do you know the second gentleman, the husband of Kamala Harris? Three people have come up and they swared by it and have evidence of it that he slapped the hell out of his ex-girlfriend a few years back. That will not be reported except for outlets. Imagine if it was the husband of Nikki Haley, if she was running for president. Headline news, 24-7, calling her an enabler. This is what we're dealing with.

And that's how you get the $35 trillion of debt. If the media did their freaking job, this would never be. It would never be. Can you tell my frustration? We are just nothing but their slush fund, their marks. And again, I weep that the alternative is Trump. To all the Trumpians, I respect the hell out of you. If he wins, I sure hope he finds a little bit of...

I think you know what I'm talking about. Up next. Wait, didn't we have a bag full today? We'll figure out something. This is the one only investors edge. Hi, I'm Dr. Jake Goodman, host of Beyond the script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask

at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like, I get a stomach ache every time that I eat.

And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomach ache every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication.

And then at that point, we can probably identify something that we can change. Hear the full conversation plus some fast, fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. Economic headlines keep shifting, but the uncertainty remains. Market volatility, rising debt, and global tensions are affecting retirement accounts and long-term savings. Many Americans are turning to physical gold and silver as tangible assets to help diversify their portfolios. Preserve gold provides educational guidance, including how metals can be held in an IRA.

Get your free wealth protection guide when you text IHeart to 50505. That's IHeart to 505.05. For delicious meals, you could go out to eat or spend hours in the kitchen. Or you could just make a Marie Callender's meal. Yeah, you heard me. Marie Callender's classic chicken parmesan bowl is delicious with scratch-made marinera sauce, creamy mozzarella cheese and no preservatives. It's high in protein with 30 grams per serving.

Marie Calendors, what having it all tastes like. We're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In the Gester's Edge. With Gary Culpa.

To all of our Jewish friends, Shana Tova, It is one of those, what a year for Jews, Judaism, Israel, a people of peace, a country of peace, a land, a sliver of land in the Middle East, surrounded by a lot of terror, and having to deal with atrocities like we've never seen, as well as some people here that are praising the atrocities. If you follow me on Twitter X, you know I take them all on. There are some weird dudes out there. Weird. Let's see, Hezbollah sends 8,000 rockets into Israel, celebrates October 7th. How dare Israel retaliate? And Israel's called the attackers.

Interesting. So everything was peaceful. The terrorists go into Israel. Murder, what, 1,300, 1,400, 1,400, the number. There's 100 and something still hostage, but Israel, Israel, Israel. And I will never forgive Joe Biden. I will never forgive him for being on the outside looking in. if I was president, there wouldn't be hostages anymore.

Do you know that? Do you know how you know that? Because these terrorists are a bunch of wimps. I can't use the word I want to use, but they're wimps. Do you know if they went into that festival without weapons and try to attack the Israeli women, the Israeli women would have kicked the crap out of them? They're a bunch of wimps. there's a pointed time where you

this five Americans still held hostage and Biden's on the freaking beach President Kaltbaum wouldn't spend a minute vacationing until everybody was back I would be going there and I'd be putting the freaking hammer down

with Israel no American should be held hostage anywhere around this world but the media give them a pass. The media, again, look how I keep bringing it up. The media saying nothing about the Afghani women sent back to the dark ages

can no longer educate themselves. They have to cover themselves head to toe. They can't drive. They can't speak. They can't do anything, and they get the crap beat out of them. They're being married, 12-year-olds being married off the 60-year-old men. Oh, I thought Biden had.

Harris cared so much about women. You see my frustration why I'm so pissed off? If there was a good Republican candidate, this would be layup city. But Trump keeps falling over his face, still trying to be cutesy from 2016, and that crap don't work. And I got news for you. Some of the crap coming out of his mouth, women and independents are going to still run away from him. He may just lose this election to this woman who's failed for three and a half years and is running debt and deficits up the wazoo and is promising, amazingly,

something they would never do in the past. They used to lie about it. Oh, we're not going to raise taxes and then come after you. They've announced they're going to raise trillions of dollars confiscation of wealth out of the economy. And it's still a close race. candidate Colbaum would be up 10 points right now by the way candidate J.D. Vance I think would be up 5 to 10

after watching that debate and unfortunately Trump doesn't change he's out today saying he won the last election and I'm telling you he loses votes by saying that I move on we segue right the market's getting we segue

the market's getting a little more split. We like that. We like narrower. We really do. You know how everybody says, we love these broad markets? No, no, no, no. Give me narrow. It's easier for me. And you know what happens with narrow? A lot of money go into the few, and the few do even much better. And if you're able to really isolate, listen, we've isolated meta as the best big name stock of the, you know, magnificent seven on the breakout at 545, boom, 582 before you can say boo. And Maybe that changes tomorrow, but that's what we love to do. Hopefully, Invidia from yesterday, we isolated Spotify working.

We isolated Mikado Libre. We stopped out. Didn't work. Not everything works. We're going to watch this 10-year yield closely, and you should also. It has been the driving force both up and down for markets. And for whatever reason, if the 10-year yield keeps spiking, I believe that provides. headwinds and if you believe me when I say the central bank really does not know what

they're doing they and by the way we say this with no joy whatsoever we would love to be praising them but they cause massive inflation they've enabled massive amounts of debt and deficits they created the three seven you know the three seven who the hell wants to sell a house with a three percent mortgage when it's up to the seven let's a less than that now and just remember people are talking well maybe we'll go back to three we're never going back to three percent unless j powell sees we're in a depression and he goes back to zero percent rates those were rigged interest rates they were not real they were fake but real of course

housing market fantasy land prices are coming down at least from what i'm seeing in florida do you know there are people putting up homes that went for two million dollars in twenty one at four million bucks. Just boom, 100%. Do you know what's happening? 130 days later, drop it to 3-7. 100 days, you get my point.

Becoming more and more of a buyer's market is fantasy land. Where's off? Hey, that all said, if you are a member of Pink Floyd, you just sold your business to Sony music for 400 million. Good for them, but I hate Roger Waters, another anti-Semite. You have a great evening. Drive carefully. I should be on with Neil Cavuto tomorrow, noon hour, Fox Business Network. Check it out. And when you get home, do like we do. Quite simple. Make sure you hug your family. Make sure you hug your

children. They will feel better. You will feel better. I promise. Peace out. Be well. Go Mets tonight. Serenity now. Good night. This has been Investor's Edge with Gary Coltbaum on BizTalk. To listen to past episodes or to get in contact with Gary, go to GaryK.com. That's GaryK.com. The volatility is hitting retirement accounts and savings across the country. More Americans are exploring physical gold and silver for added diversification during unpredictable economic periods. Preserve gold offers straightforward education on how precious metals can be included in an IRA.

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