Investor's Edge with Gary Kaltbaum - The Crappy Bank Week In Review

Episode Date: March 17, 2023

Follow Gary on GaryK.com or http://garykaltbaum.com

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Visit turbotax.com. Only available with TurboTax full service experts. Real-time updates only on iOS mobile app. Investor's Edge with Gary Cultbaum. 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.

A thanks for being with us today. Glad you're here, ladies and gentlemen. Happy that you are listening. and pretty happy it's Friday. It's March 17th, 2020. Hope you have a good weekend. I will be leaving for New York City either tomorrow night or Sunday morning. I will be my parents 91 and 89 years old and doing fantastic for 91 and 89.

And I'll be doing a little Fox News and Fox business from Studio. Monday, 2 p.m. with Charles Payne on Fox Business. Thursday, I believe the whole 9 a.m. hour with Stuart Varney. Tuesday and Wednesday, I'm not so sure just yet. Ladies and gentlemen, it's been quite a week. And as you know right now, and we do this most days, but some days we think a lot more about it. What do you want to know? What questions would you have of me? That's the way we're looking at this right now. And of course, what's standing out for me? Those that know and been following us, many are reporting the news.

We predicted it. We didn't know what form. We didn't know what form. We didn't know who. We didn't know who the players would be. we just know from the get-go that the distortions of Jay Powell playing God with markets what do they say about the chickens coming home to roost is that what the line is and unfortunately we're the victims not him so right out of the get-go here is what I'm noticing

today that I think of importance and let me state for the record most of it is not going to make you feel good. But we will deal with reality. First off, the latest bank to get a bailout, and may I state for the record, they can call them whatever they want. It's a bailout when a bank gets $30 billion of deposits to put in the bank.

Of course, they're going to have to pay out a return, brokered by Janet Yellen in order to save that bank. That was yesterday. The bank's stock today dropped 33%. Down $11.31 to $22.96. Average daily volume, by the way, that used to be in the neighborhood of $1.5 million. over the last seven days traded, let's see, 9 million, 51 million, 134 million, 119 million, 19 million, 98 million, 196 million, today traded 133 million down 33%. Now, as Mr. Logic, you're Mr. Logic, they just got $30 billion from the 11 of the biggest banks out there, topping it with JP Morgan and the stock debt is down 33%.

I just want to make sure you know those are votes by the big institutions. That is not Aunt Mary and Uncle Bob. As much as we love Aunt Mary and Uncle Bob. That was the first thing on my mind because the second part of it is amazingly, unbelievably, how many people are being paraded in front of you so sure of themselves. Yeah, we're okay now. Really? We're okay now? I was amazed.

I couldn't watch all of it because I would have thrown up. Janet Yellen yesterday. You know how I talk about going to the doctor for your broken right arm and he gives you a cast on your left arm? Imagine if you went to the dentist to clean your teeth and he gave you a colonoscopy. That was Janet Yellen yesterday. She actually said the words, We'll decide who gets saved.

What? She was asked. We'll decide. They're still playing God. We're not on satellite radio, so I can't throw out the expletives that I am thinking. And we'd love to yell in screaming. scream. We're just going to say the people that destroyed free markets and created all these distortions, one is the Treasury Secretary and one is the head of the central bank, pretty much the two most important financial people on earth, the dentist that gave you the colonoscopy. By the way, at a certain age, you must get a colonoscopy every five years. And by the way, it's not that bad. And amazingly, they will put you to sleep within five seconds and you wouldn't even know it. And they'll, they will put you to sleep within five seconds and you wouldn't even know it. And they'll, you wake up you don't even remember anything but that's besides the point i just wanted to start with

those two things but i have to go back and state the stock the stock the company that got 30 billion drops 33 percent the next day that's the big money voted do i think they're going to be more Yes. Do I think any depositors will lose a dime? My guess is no. I don't think they can afford to. I don't know which form they're going to do it. We've been hearing all this talk that the discount window, whatever, was mined for $140 billion this week and people are calling that printed money. I don't care what they call it. Where will the money come from? If there are runs? More debt. Well, what's another few trillion? You know, with $32 trillion, if they just covered every deposit, they're telling me it's $8 trillion, but I think it's more.

Now, let's go to $50 trillion and cover everything. Those are the two most important things. Let me tell you the third most important thing. Just an opinion. I believe Jay Powell today should have come out and said what they're going to do next week. They don't really matter that much, but they must. matter some. Why wait? Why wait? I don't understand. That's my take. So we wait for that now, but does it really matter? Do you remember when we cursed him out without cursing how far behind

he was as the real markets were spiking the real yields and he sat there with his thumb up his butt? Yeah, don't picture that. And then he started to have to play catch-up, and then he did. Way behind the markets, the real market, the one he was controlling with $9 trillion, which he has no control of anymore. Well, yields just dropped from 4 down to 339. He's at 4.5. If he knew what he was doing, you got to listen to the markets, but he's God.

I don't know if he will, and I have no idea what he would do. Before this episode, I was sure he was going to raise rates a half point. No chance of that now. No chance. Absolutely zero chance. But is he going to raise rates those rates while yields are crashing? You know, the yields dropped almost two sticks today. You know what we mean by two sticks, right?

It went from 3585 to 3.395. down almost two sticks. That's a 10-year yield. So my biggest worry, just what I've been telling you for ages. The people running the joint, no clue. Up next, more. This is the one on the 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 888-4-22-55-9. That's 888-4-2-2-5-5-9. That's 888-4-2-2-5-5-9. 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 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 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. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu.

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, I'm going to do the market wrap now because I can put the market wrap in a nutshell.

And then we want to get on to just what do I think you want to hear, but also what I want. want to convey. The market wrap is brought to by Investment-Dashmottles.com. That's Jim Roarback, one of the great market timers. No gray areas with the man you're either in or out of the market with his proprietary indicators. Go check it out. Investment-models.com. So, what have we been telling you? Nasda, big NASDAQ, unbelievable relative strength versus everything else. Throw in the semiconductors. Unbelievably, unbelievable relative of strength. Let me explain relative strength in two days. You ready? The Dow closed Wednesday at 31874. Wednesday. Wednesday. It closed today at 31848. No, 8161. 311861. Dow's down 13 points the last two days. You got that? The NASDAQA.

100 in the last two days. No, the NASDAQ is up 196 points. By the way, that would be the equivalent of 700 Dow points. The NASDAQ 100, it's even better. It closed Wednesday at 12251. It closed today at 12.519. So the Dow is down the last couple of days. The NASDAQ, The NASDAQ 100 is up 2% and NASDAQ's up about 1.8. But that's in the last two days. What's the worry? 50% of the NASDAQ 100. 50% is seven stocks.

And by no accident today, Nvidia was up, Microsoft was up, Google was up. Those are three. Apple number four, hardly down. Amazon number five, hardly down. Tesla. Down a couple of percent. That's six. Facebook finally had a down day today, but has been pretty strong.

I'm not so sure that's good news. I'm not so sure it's good news. Get this, the NASDAQ 100 today, with the Dow down at 384 was only down 14, but listen carefully. The NASDAQ advanced declines today were 1,055 up 3,158 down. it tells me that all the money now is going to a select few mega cap names and a few others and the semis. While everything else crushed. I'm not going to use the word crash. I'll use the word crushed.

A bunch of banks crashed. A lot of energy stocks crashed. Other areas crushed. So while it's good, of what's working or what's holding up, I'm not so sure it's good ultimately because what have we taught you through the years? When everything's being sold off

and going to a select narrow group of names, and it turns out the narrow group of names are the largest and the most liquid, there usually is an eventuality that they get them to. They didn't today. They didn't today. By the way, I take it back. The NASDAQ 100 was not down 14.

It was still down 61, my bad. But still nothing compared to the Dow. So the market wrap is brought to you by Investment-Dashmodels.com. That's Jim Rohrabach, one of the great market timers. No gray areas with the man you're either in or out of the market. Sounding like the president. Proprietary indicators, go check it out. Investment-dash-models.com.

Dow down 384 NASDAQ, down 86 NASDAQ, 161, 161, the S&P 43. The SOX was only down 14. Transport's down 191, but here's the rub. 790 up 3173 down on the New York, 1,055 up, 3158 down on the NASDAQ. Underneath the surface is so much worse than the indices. And we hope you listened about all the areas. We just been saying to avoid.

We can't tell you to sell. Some of you have these things 20 years. We just tell you to avoid and let you decide. and you know what we think of things that are avoids. And when I mean avoid, my screens except for gold, which had a big day today, though gold miners are still underperforming, my screens beat red,

except for those areas mentioned. Beat red. And some pretty sizable drawdowns. Now, I also want to address something you're hearing also. buy the big banks what do we say no don't buy any banks right now wait till they're back in bullish phases jp morgan was down five today and that's the grand pooh-bah right the head honcho top dog big cheese was down five today people were saying buy it yesterday you want to be down five today no remember we only want to buy things that are in bullish phases uptrends bull markets not in down trends

in bare markets. And in case you didn't know, the financial stocks are in the bare markets, we don't want you buying them. And they kind of sort of left no stone unturned as I look at my screens. And more names broke the 50-day moving average. Remember, you're good if you're above with opportunity. You break below. You're off. And more and more names are doing that. So be careful. Be careful. I don't usually tell you what I do, and I'm going to kind of do it in a way. we kind of probe the strongest areas. We got scared out of two out of three today. And we didn't lose money.

We actually made a little bit of money. We just said, we're not doing this. Why? Hint, narrow areas that are holding up best and kind of moving higher. We asked ourselves the question, Gary, don't you know the characteristics? They usually get them all in this type of environment. be there on at this time, but really? And we took a little action today. Though they remain

on a relative basis fantastically strong. Relative basis. Remember, everything's relative. Oil prices tanked again today. I got news for you. Remember what we told you about jobs? I think about three weeks ago. What did we say to within 90 days? I think we're going to be right. And the economy. I think we're going to be right. Up next, more things we want you to know. I'm Gary. This is the one only investor's 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 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. 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. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu.

One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say, whatever a nine-year-old, wants to say. And she replies with a low, listen. So we sat there. Listening. That was the first time I learned that quiet can feel full. Hershey's. It's your happy place.

You're listening to America is talking. Investors Edge. He's got to be pleased with 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. Welcome once again to Investors Edge. I will be on tomorrow Fox News in the 10 a.m. hour with one of my great inspirations, Neil Cavuto.

And I gather you know what we're going to be talking about. As much as I would want to talk about what happened to Edwin Diaz of the Mets, that's not what we're going to be talking about. And I'm trying to decide am I going tomorrow night late to New York City or very very much. early in the morning Sunday. Not sure. Depends how much work I get done tonight and how much sun I get tomorrow. We'll see. We'll decide. So I got a lot of calls today and emails from people, do you think my money's good? You know what that means? You're watching and that's good news. I hate saying this, but we deal with the emiss here. We'd be more comfortable with big, which kind of sucks because there's all these regional banks small to big.

They're great companies. They got screwed by one man if they're losing money. One man did all this who's still the head of our central bank. He did all this. We warned you. he did all this by playing God with markets. What else? Some things I thought you'd want to know.

That may have something to do with us. Emmanuel Macron, who runs France, without a vote, and normally they use a vote, has upped the retirement age in France. There are major protests, fires, you name it. major protest on that why do I bring that up well the reason why

Macron did that is because their pensions are screwed they don't have enough so they reage the age from 62 to 64 which means you don't get until 64 and I guess you have to work

why am I bringing this up well I'm going to guarantee you something just one man's opinion it's going to happen here on social security in the next few years you got that our politicians are so bad so moronic so imbecilic when they had so many chances to do the right thing throughout the years and of course the money was supposed to be in a lockbox but they stole it expect that also I expect

some probably raise also higher taxes. I doubt they can do means testing. And what means testing is, is, hey, you're a billionaire, you're not getting any Social Security. The problem with that is that billionaire paid into the system to get money out. How do you screw them? That's not right. Penalizing because you're wealthy. So I wanted to bring that up. What else did I want to bring up today? Here's another one. Joe Biden, who I believe has taken the championship belt away from Donald Trump on lying. And that's a high bar. Is sinking more power to punish bank executives when their bank goes out of business.

Huh? So your government screws these banks over by forcing them to buying long-dated bonds, paying nothing, and then lose their ass in those long-dated bonds when that same government loses complete control of the bond market that they were playing God with and let's go after the bank executives. What about the punishment for government? Do they ever get punished?

Should Joe Biden get punished for voting for 26 trillion of our 32 trillion of debt? And the only reason the other 6 trillion was He was not in Washington, D.C. under Trump, who lied about the debt and deficits and what do we do by spending $6 trillion more than he had coming in. Just wanted to bring that up. And just an aside, speaking of the lion's sack Trump, who, by the way, is probably going to be Trump, it's going to be Trump versus Biden, probably the two biggest liars on earth. Do you know what we have found out today that Trump commissioned a study on whether he lost the election or not

and it came back saying you lost the election and a day later came out and was all in on he was cheated out of the election so all you people that believe in Trump that he didn't lose the election he's been lying to you the whole time about losing the election.

And he knew it the whole time and still created a defense funds to fight the election, brought in 200 million bucks plus. Now let's vote for these two people. Remember, we have no bias. We call balls and strikes. What else?

New York Times article. Here's the headline. Low rates were mentioned. to last without them finances in for a rough ride. The New York Times doesn't get it. Low rates were meant to last. Wait a minute. You have one man printing to nine trillion bucks to take rates down to zero and that was meant to last while me, this dummy, this dummy, this handsome and buff dummy on the radio show that you're listening to right now was screaming at you're telling you. One day, the free market was going to shoot the middle finger

back at Jay Powell and us being the victims. And the New York Times think they were meant to last? They were never meant to last. It was a gar-and-dam tea that hell was going to break loose one day. You can't play God with markets. Yet we allowed this dofus to do it. Anyway, New York Times got it all wrong. But what else is now?

Another article, the Fed action could have prevented Silicon Valley banks collapse. Really? We want more Fed action? Really? We want that doctor? The quack? Doing more? Sure. Let's deal with that.

What else that I want you to know today? Another headline, but it's only a headline in one or two papers. You will not see this headline in the New York Times. You will not see it on NBC, CBC. ABC, or CNN, or MSDNC, or the lion's sax in the media that will only report bad news on people they don't like and only good news on people they do like. You ready? Record numbers of migrants are dying at the U.S. border.

Have you read that? Well, I did. You know why? It's in the Wall Street Journal. You wouldn't find that in many other places. Imagine a Republican president and record numbers of migrants are dying at the U.S. border. They would be calling for that president's head. Oh, that's right. They did.

Remember when Trump's really screwed up on the children thing and separating the families? Oh, that's right. That's what's happening with Biden right now. Oh, but they're just dying now. I thought I'd let you know that. Because, by the way, the media is complicit with what's going on. in the banking industry. They never listened to me. It was so easy.

It was pretty darn easy. The rating service. How about them? You know those same rating services that rated mortgage-backed securities back in 2008 but wrote emails back to each other saying this was a piece of S-blank blank T? And not one of them got indicted.

They rated them all AAA. The rating services two weeks ago had Silicon Valley Bank is investment grade bank. Just letting you know. Up next, what else do I want you to know? Only the Emmis from your handsome and buffed host. 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 pharmacist 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. Matola, 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 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. Success starts with your drive. An American Public University is here to fuel it. With affordable tuition and over 200 flexible. online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion,

our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu. One sweet, melty bite of a Hershey's bar and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low,

listen. So we sat there, listening. That was the first time I learned that quiet can feel full. Hershey's, it's your happy place. You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go.

Action! New York Times. With Gary Culper. New York Times. Will the Fed keep tightening as banks fail? What did we tell you? The market's already loosening.

Where do you get your mortgages from? The Fed? No, the 10-year yield. It's gone from 4.33 to 3.339. What if Jay Powell does raise rates again? Next week? Well, I would be of the belief. If he does, he would probably use some language and we're done. But that's guesswork.

Because when you're dealing with a no-nothing moron that is destroyed free markets while we're screwing each and every one of you and your savings, who knows? Yes, I'm talking a little bit sharp, a little bit harsh. Do they not deserve it? Answer me that. do they not deserve it? You know what the central bank's job is on oversight of all this? Oversight.

Hmm. Janet Yellen, the Treasury Secretary. You know what our job is? To see the train coming. The train runs her over. And then she says we're okay. Sure. And then I'm going to throw you a big matzo ball.

unbelievable. For all of you parents out there, I am pleading with you. Are you listening? This has nothing to do with the markets. It has to do with your children's market. I'm pleading with you. I'm pretty darn smart. This is the most important radio show on earth that hardly anybody knows about. You get podcasts that have 10 million people listen to while they talk about weed, we talk about things that are imperative to you and your lives. Parents, this is about your children, they and their money and their future. New York State is lowering minimum scores for student proficiency in math and English. You hearing that? They're lowering standards so your kids can meet a lower criteria of knowledge. What a bunch of schmucks. Let me explain. America is a competition. Those who work hardest, smartest, longest, with more passion than the next person. typically went out.

Those that are taught better, smarter, and with more passion, win out. Those where expectations of those that are watching over those children are higher than those where expectations are lower, win out. Do you know what our number one goal at the Boys and Girls Club's of Central Florida is and why? Our statistics are magnificent. Because we urge our young children to reach for the stars, not reach for mediocrity like these buzzards in New York. York State are about to do to those students.

That is everything about your children's future, their money, and their earnings. And it's not just New York State. You have schools doing in order to meet certain criteria for funding. Your job as parents, stay on top of this. And if you've got to get involved, get involved. If you have to move them, move them. And if you got the we're with all, and I know a lot of people don't, charter schools, private schools. Do the best you can for your children.

Because insanity is quickly ruling in many areas this country for your kids. We as parents want the best of our children to reach for the sky. Be the best you can be. Live with passion. And New York State is kicking them in the grapefruit. I had to bring this big matzo ball up to you. Go read about it. It's not just this.

Thought that was worth mentioning. All right. So if you had to be fully invested, you better be in the gold right now and the NASDAQ 100 biggies. But the top seven are 50% of the NASDAQ 100, and we worry about that being parking of the most liquid. We'll go in time.

Most of the rest of the market has been crushed. Different levels of crushing. And of course, for a bunch of regional banks, the big crush. Energy stocks crush. Commodity types crushed. Just a lot. We're going to be showing in our webcast this weekend if you don't get it and you never have get the trial one month free.

No obligation. We don't even bother you. But right now is an important time to see the pictures that we are showing to our members. Because we averted it. We averted it. And if it continues, we will continue to avert it. Have a great weekend drive carefully. Don't forget, I'll be on Fox News tomorrow, 10 a.m. hour.

Late in the hour, 10 a.m. with the magnificent Neil Cavuto. Monday in studio with Charles Payne 2 p.m. Fog's business. And until that time, have a great weekend, drive carefully. And when you get home, do like we do, make sure you hug those children and know what's happening out there. Have a great weekend, everybody. Peace out. Bye-bye. This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to Gary K.com. That's Gary K.com. The world isn't getting any calmer.

Economic instability, global conflicts, and record national debt have created an environment where financial uncertainty is a part of everyday life. And while none of us can control those forces, we can control how prepared we are for them. Market swings are hitting retirement accounts and savings harder than ever, leaving many Americans wondering how to protect what they've built. That's why people are exploring physical gold and silver as a part of a broader strategy. These are tangible assets with a long history of being used, When confidence in traditional markets waivers, they're not a promise of returns and they're not a replacement for existing investments.

They're simply another tool to help diversify our portfolio. Preserve gold provides clear educational guidance to help you understand how precious metals can play a role in long-term planning, including options for holding them in an IRA. For 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. Simply text iHeart to 50505. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs,

APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU. www.apus.edu.edu.