Feb 20, 2015|
2-20-15 Full Show by The Financial Exchange
Transcript - Not for consumer use. Robot overlords only. Will not be accurate.
Where Barry Armstrong here. Here from the funny to exchange I'm joined today by Ryan Fitzsimmons he's a sales manager Boston solar but we're here to talk about the benefits of solar power Ryan welcome to the program that slot there Brian I've heard that for the first time solar is now cheaper than utility power meaning I can get solar power off my roof for less money than it would cost be for national greater northeast utility. That's absolutely right we at first time ever at the point where solar energy is dramatically cheaper than utility and utility makes this easier every year. By reason the rates the blow solar power is getting cheaper and cheaper thanks to dramatic drop panel cost and lots of lucrative incentives in Massachusetts. Where the point now in the average rate Massachusetts's right around twenty cents an average rate for for solar energy wants to localize the cost. About six point eight. So with a lot less expensive a lot lists. Panelists now. So what are the available incentives what do the tax incentives for putting up solar power short. If your home rate at 30% of the cost back as a tax credit. There's also cash it paid every quarter for ten years based on the production assistant on top of the 30% on top of 30% in Massachusetts is in other thousand dollars a state tax credit. All right folks don't get solar power until you read the solar guide it's a fifty page article our guide if you will. That will teach you all of the benefits associated with solar power the phone number to receive the free report is 866698. 9323. 8666989323. You heard it here First Solar power. Is the less expensive than buying electricity from your utility company it's that simple about a third of the cost. Would not thirty call toll free. 8666989323. And my friends at Boston solar will mail you 858 page solar guy. Don't buy solar power until you read the solar guide 8666989323. A state and asset protection planning can be overwhelming word you start how do you know what type of trust is right for you hi this is very Armstrong and I'd like to talk to you about the law firm of Cushing handle it in creating this state planes for folks in New England. For more than thirty years and they can help you to with all the different types of trusts available I can understand the confusion when it comes down to a state planning do you need to revoke Coble trust do you need an irrevocable trust and what's the difference you needs an expert advice and they put it together free guide that will help you decide the best plan preview this free guide the differences between rebel global. And irrevocable trusts is yours for the asking call 8668485699. They can even show you how it's possible to eliminate your state taxes I love that part call Cushing handle right now to get this free guide 8668485699866. Eight or 856. 99. Go to grocery. Into the wall. I can't they. Most of basketball. Yet wherever you're going the quality gasoline that ExxonMobil stations of the energy behind your journeys they helped engines run smoother and help improve fuel economy to ExxonMobil energy lives here and Exxon Docomo mobile look comfort details. There's your basement or crawl space have adapt musty smell. Well watch out that's a sign of too much moisture and not enough ventilation and that can mean increased mold growth and the buildup of harmful toxins and gases don't bother with the 1888964. Wade. Are you ready to retire the question is actually more complicated than it appears because it demands consideration on two levels first there's the emotional component are you ready to enter this new phase of your life. Plan for what you'd like to accomplish or do in retirement second can you afford to retire will your finance to support the retirement lifestyle that you want. 8668106422. I would suggest you call now 8668106422. Securities operatives securities America -- number and -- as a PC an advisory services operatives securities America advisors and Barry Armstrong represented and an advisory group in the securities American companies are unaffiliated. Okay. You're always hold on your checkbooks and get your portfolio break. It's time for the financial exchange with Barry Armstrong and Kim Keller again from Wall Street to your street Berrian cumulative you've covered in the financial exchange with Barry Armstrong and gene Kerrigan. Everybody while. What's changed since taken a day off is going to college with your son. And you know what we've got a busy program for today. I'm surprised a little oil is down in price today. And about 5174. And given how cold it is yes we must all be burned through the oil Arab you do your furnace turn off last nine. In my furnace turn off left and it can run and all it was nonstop it is cold out there and there are being pulled from little Democrats endorsed doctors cut tax. Poppy strapped you know hollered at him about my puppy from that. It's strapped right now. That strap and you you don't seem that you need your partners really your puppy in the garage. It's in my bedroom in the crate but a woman who walks here. I'll loser of the girls entered her eyes and she candidate homeland this that the manager issue. He has an easy pay people who want Cuba. If you look not only does she she takes her at 9 o'clock am much are all day until maybe the doggie daycare individual died of borrow looking at a doggie daycare we have an individual babies that are currently. And if so how. Let's have a steep pay to have your dog Beebe says it's like this with a good deal are cared dot com point five bucks today when he fat so it would cost meters but hold on you've spent a hundred. 125 that you've spent 500 dollars a month to care for your dog will would you would would you rather spent 25 dollars a day to have her take the dog all day right literally take the dog to her home and put the kids and other dark or paid you know fifteen dollars an hour and have some he walked the talk about the X ten boxer would but just even dug this view we can't you can't do that the puppies according to McCoy. Which I think that's as good thing. Pay out big news out of northern New England SharePoint communications. Have reached a deal this broke last night congratulations guys you are your strike even been paid for four months state. These guys on strike included the CWA local 14100. The IBEW. 2327. They've all been on strike for about four months finally. They came to terms last night they're going back to work on February 25 that's next week. And I don't know the terms of the deal but I know workers greeted the announcement with enthusiasm. This again is kind of the year of the worker we're also covering the story we're gonna have that story up action a few minutes. Laura Stevens from the Wall Street Journal is gonna give us a status update. On the strike that's going out on out on the West Coast ports radio all the longshoreman that are on strike and it it's impacting. Goods getting into the United States from Asia so will be talking more about that story in just few minutes. Also for those of you who own stock. In Northeast Utilities they have changed the symbol. For their stock listing beginning Trevor second Northeast Utilities and six subsidiaries in concluding. Connecticut light and power were re branded as ever source energy so your bills coming in now they're going to be coming in from ever source energy. The CEO and chairman remains Tom made a take a quick look at their stock prices see notes trading today. ES is the is the symbol port in its trading down. 38 cents at 52 dollars and twelve cents a share some energy solutions now. Is taking the place of Northeast Utilities. On Mohegan Sun. They're going to be opening Jersey Mike restaurants in Rhode Island Indian western its latest foray into the franchise restaurant business. The Mohegan Sun tribe announced Thursday it has rights to open. Ten Jersey Mike's subs in Rhode Island and Worcester County in Massachusetts. So this is the the the other side of the business promote he and it's not just in the casino business. They have an opportunity now where they're getting into the restaurant business opening up. In Worcester in Rhode Island so when you block in New Jersey Mike's really being run. By Mohegan. And then yesterday bad news for American Express and looked at their stock that they lost there antitrust. Lawsuit and this is a huge loss for American Express their symbols PC. In their stock has been getting tanked the had been fighting. It in in court for years. Against visa and MasterCard now an American Express your retailer you know this but for the general public I don't think we were aware this. It costs more for the retailer when you use your American Express card as opposed to when you use your MasterCard. And for years American Express have prevented retailers from discounting. Items for MasterCard in BZ Sunni in and they would be wouldn't allow them to have the the Amex card news. Well date this been a bad week for American Express their partnership with Costco in sixteen year partnership that came to conclusion. And their stock price on Thursday American expression shares dropped one point 7% to seventy dollars and forty cents. The are off 60%. This year. MasterCard on the other side MasterCard gained one point 7% 89. And visa shares were flat at 269. Amex shares today. They are up 25 cent but basically. Amex had. The the the whole lock on the deal if you will and American Express was basically had to almost like a monopoly. As it relates to these retailer relationships that's all over and now they have to go on and even. Keel with the retailers so when you walk into a retailer. They might say you were if you use your MasterCard it's a hundred dollars but if you germ American Express card it's gonna cost you 101 dollars that's gonna hurt them. Dramatically. From from the it firms from getting assistance. Yeah a lot of text messages here text message number is 68680. 603 says Barry just have my taxes done they charged me ten dollar for asking me if I health insurance to meet the Obama care requirement is this legal. Now you don't have to use. The that particular attack repair but tax prepare our charging more money as a result of the Obama here because it it costs them more money. In in an effort to to do your taxes just the way it just way it works in eight you can kind of understand the it's gonna cost H&R block more money so. They'd be they have to charge more to you for you to to get your taxes done. We will be playing tribute today and we go lower Stevens Wall Street Journal coming up. Trying to think if there's any other major breaking news there isn't okay so. No mother major breaking news we'll do take a quick break and when we come back Laura Stevens Wall Street Journal. Gonna bring you up to speed. On the port strike that's going out in. In California along the West Coast that's our next topic on the financial exchange. Breaking financial news. The financial exchange with the very Armstrong and gene Kerrigan on the financial exchange radio network. 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Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917. -- 900 to learn more -- bank a step ahead minimum deposit to open and current annual percentage -- as 1000 dollars Massachusetts residents only penalty for early withdrawal including -- penalty which may reduce earnings rates subject to change without notice member FDIC rate effective November 4 2004 -- Boston Solarz a leader in providing solar energy solutions to residential homeowners and commercial property owners throughout New England there has never been a better time to look into solar energy for your home or business with continuously rising electric rates solar now empowers homeowners to slash or eliminate their entire electric bill Boston solar has a free guide that will detail all of the benefits of unlocking the financial powering your whole call 8666989323. To receive a free guide on the benefits of solar energy that 86669893. 23 Boston's solar offers affordable solar solutions and can work with you to maximize all the federal and state tax incentives call Boston solar today with a free guide on the benefits of solar energy 8666989323. That number again is. 8666989323. This is season powers and I'm doing today by estate planning attorney Todd black ski. Criminal law firm of cushioning Dolan with your legally exchanged quick tip of the day. Today we're talking about last minute cleaning techniques for the procrastinate or they can help seed your assets if someone goes into a nursing. Todd can anything be done to save the liquid assets of an unmarried individual. Yes there are some things now remember it's never as good as as advanced planning. But it's better than losing all the money and that's really the goal. In order for an individual who single to get on Medicaid. They have to have less than 2000 dollars and often times they won't they'll have you know few 100000 active that they saved over their lifetimes there. Well that bucket of money is there the individual would then have to. Purchase one of these Medicaid annuities and please let me just throw a lot of reminder. That he's in new east cannot be purchased prior to someone going into the nursing home case so don't let somebody tell you that they can tell you Medicaid annuity today. It's a last minute planning technique. And once you buy this annuity let's say you take two or 300000 dollars up excess assets. And purchase the annuity that goes excess assets are converted to an income stream so value and S and have less than 2000 dollars of assets. Because there. Big chunk of assets has now paying out in income stream a monthly check you'll receive. Over your life expectancy whatever your life expectancy is that's the term of the annuity. The moment you buy that annuity you're now eligible for Medicaid annual stretch out the money make it last. Lot longer folks if you're single warm married in their feast with a nursing homes day. The air is something that can be done to save your assets last minute that you need some guidance. Collar office right now for the brain and guide from Cushing and Alan cleaning for procrastinators. 8668485699. And 8668485699. Baron came from the financial exchange owns FaceBook FaceBook dot com slash the financial exchange this is the financial exchange. Network. I there's beneath the noise you. Call it worked action out on the West Coast going on now for quite some time. And it involves the longshoreman. Out in California. Our guest is Laura Stevens from the Wall Street Journal this is big news out west not so much on the East Coast more welcome to the program. Can you tell us what's going on I mean we we've been reading about it but it looks like the longshoreman I've really. You know crypt the amount of imports that are coming in through California. We have oh era this all started back. Acne or are here they started trying to reach you contract agreement that have been carried on now are out my mind. In November. Even happening in the ring operators they and the other players in the ER. And that the adult at the slowdown and then in a cap. Lent their support and actually at the core of players actually ended a bunch of shut out one nation and I'm Ian weekends and hi. Which means that basically yeah everything and it all out of the great an impact and impact been carried out. What. What is the outlook what are they negotiating over I'm assuming it's money. Well right now actually came in the that they get hung up on the issue arbitrate steroids. Perpetrators and negotiate better. That act like judges between the union and employer. There beating him like he's got to be able pirate those as in it Pacific maritime at that PH which actress and he employers would like to keep in mind basically elect and turns with both parties agree Ireland. That that speaking pretty rain out they were app that people actually night arms and we're not sure they've come to an agreement at our. Which what kind of money these guys make it. I eat now app actually pretty dispute between the union in the employers. You know a lot of it in part and get out and Alley he hear it in her hair at last I. Am aiming to be a ballerina. Or an error. You know it. It and we did calorie. Now in in your story you reference. You know multiple ports out on the West Coast and it looks like. Geared down anywhere from 21 to 24%. In terms of what they're allowing to get into the country. Bryant played the part of compliment even acted more they. Are thirty and with dairy imports are out I am. It definitely impacting me madam Currie and airship went up and Harvard and I. At port at Long Beach and Al lane director each at bat yesterday waiting and it they get their car on. But it definitely you know impacting how much cargo in and let the man. Tripling the supply chain you know I don't mean actuaries are having an air freight and cargo. There is you know I have to point out importer eking its slate are and yeah it. There's so many different implications for it her retailers quarters here and a lot. You know I cheering and stated they meet getting. On the white hot at and then I currently occurred on the current EU help and negotiation. And guys would still everybody's hopeful that me had an impact. Know isn't this something it's gonna spread through other ports in the country as well right right now it's on the West Coast that are they gonna move down to Texas and then up the East Coast. Well you know have been seeing eyes on the know that well on our. Labor negotiations element as. However that there are. At. An early age. Coming in that we have the Bork's. There's a lot of other content in the actual problems that are out. Of the clean. And come a lot of the car is actually rerouted what goes around each other even anger. I beat out. And yet son were being op art art is. I elect as cute and other parts. Yet period Laura thanks for your time we appreciate it. Laura Stevens Wall Street Journal does sound like it's any closer to being resolved. And you know it is impacting your trying to order aid really you know washers dryers. Any beans manufactured in China which is almost everything right it's not just China it's it's South Korea Thailand in all these countries that are. Mean your major manufacturers of the goods that we purchased you may find. Car parts autos in general are a lot of Marcum information. You may find that the car you want a buyer the carp are you need is being held up because he simply beat McCain if they're on their hands on. You know. Bloomberg is a company that's been very controversial. During the last couple years there it you know in Rhode Island they're they're not allowed to do business. Gaby had problems throughout New England particularly in Boston. They'd been banned in Spain. From my carrying passengers so they're no longer Hoover drivers are no longer allowed to carry passengers what have they done. Movers now delivering prepared meals in their cars. And the way it works is you pay about two dollars and fifty cents or two Euro fifties so that's probably about three bucks. But in order from a restaurant and bill though haven't delivered. To your into your residence again Soria place of business and that that's how well versed trying to survive in Spain. While they're negotiating the year the big pretty good idea just to stay around in the interim right are mean targets off figured out. Do you see the the Oscar like bag but it it is this the sweat bag. Is this like baggy in case you're not aware the Oscars are on Sunday night so the 87 annual Academy Awards are going to be held on Sunday night. In the bag that they're giving out is worth a 167586. Dollars and 76 cents now. Deeds goes to anybody who's nominated. For one of the big. Oscars in five categories. In his only 21 of these banks that are made available but let's say Europe for best picture Europe for a major award. EU EU win and you don't win the award you get a strike back. Instead. Garbage from the people who were directors and things like that you know I mean now they -- get screwed yeah this is literally on the individual warts and it's primarily for the actors and actresses. Well because those islands with a high profile. And the way it works is all of these manufacturers. Or providers if you will and I'll give you an example. A five dollar and 49 cent bottle of dub dub sprayed. Interspersed in your purse for it is is one of the items that in yet so. Out of I hunt what does it 170000 are back yet there are a ton of smaller items totaled just think that this bag is full of you know. Watches and things like expensive watches this is literally hundreds of light Alia hundreds 36 dollars for. V in friendly the loss local law. Local favorite darker dark really stepped up where they're not a talker gift of art they did that's terrific in 99. Conduct I didn't see that connect. There's a 69 dollar. Headrest it actually looks pretty good from map anywhere. In the Indy it's 75 dollars worth route for Maine road yet Apple's. What LC giving 300 dollar trio of specially designed bracelets from G analyst designs may it will men will receive silk ties. 200 in EB dollars 280 dollars of organic maple syrup salad dressings jellies mustard. And apron from rule. Ruth maple is at right now it's very broken it is. Ten sessions. I don't want that ten sessions with celebrity trainer bill thing ninety dollars a session that's cheap. A lot of work. A returner I think those liposuction. Right 4000 dollar non invasive light bulb suction. That's not liposuction like going to the you know going to somebody forgot like I unit you know you'd swear that your home ray experts and it's for but it's a 4000 dollar write them. Then they're giving away. A 5000. Dollar home spot system from steam this. So basically that means you can convert your shower induce steamer that's off this time that would be nice to be of the go home tonight and take steam. You know we had a petite pretty nice. 111500. Dollar Italian luxury hotel package. Which includes a three night stay at Villa Mena in Tuscany three night stay at the grand hotel from as though in Lake Como in the three night stay. At the grand Hotel Excelsior Victoria. Think in Dunkin' Donuts is the only New England players and that's him looking girl lands the radio anything else that appears to be doing and they see the Audi deal needed it to get Audi cars 20000 dollar for the sober car rentals. For an entire year. But it's only saudis see some of the inappropriate things that there are ideas and I figured you're right I was too embarrassed and led dimension and he'd be inappropriate items that they are posted on our FaceBook so if you wanna be inappropriate go to war we're the financial exchange on FaceBook. In Newton you can see the forty dollar flip flops and he's just the list goes on and on. You couldn't you know what. They couldn't possibly fit this in a bad call that the trailer I'm not that impressed by this I mean obviously that's a lot of item like when you think a celebrity would rather. You know one in the actresses would rather really expensive and act it's you know like a hundred things that they can afford right in Romania and in their trips steered them there's a lot of stuff that they'll receive and they'll never use. Absolutely they're never gonna touch that stuff yeah I mean all this the only reason it's cheapest because all these people just want the celebrities use their products that you know that's all. It's double from what they offered last year the whole back creed. 877. For just texted us in with the port worker demands to association of shipping lines terminal operator since DeVon horse. Made public details of its contract offer including 83% annual pay raise over five years. The average dock worker here is the average dock workers thank sevens and four makes a 147000. Dollars a year in salary plus. 35000. Dollars a year in employer paid health care in an annual pension 80000 dollars. This suppose according to the Associated Press press. Where's the maple syrup from Dave you know in that and that thing and I don't know words from. My A Nstar bill came in as ever source this month so this includes and start to correct at six different utility companies. That'd been converted into. Ever source of your Connecticut light and power. If you're. In any of these. You're you're you're you're seeing now that you're getting him the bill becoming in from a company called ever source in the stock symbols yes. Are you when we come back we're gonna get an update on the situation in Greece Greece is well cheating on their previously made agreement. Find out why and how. If there and find out if the Germans are gonna re negotiate. Can cope with a financial exchange anyway. Download the mobile left by surging financial exchange in the iTunes or Google play store from the financial exchange radio network. If your landlord pay attention it's that first of the month rent day tied chased down late payments and organize your files for a trip to the bank now you can take back all that waste of time with something called the C rent leader banks in new product Z rent automatically deducts tenant rent and deposit it into the landlords account making rent 81 less thing to worry about visit www. Zero rent dot net now to learn more no more checks or trips to the bank no more rent payments to lead or lost in the mail tenants pay nothing. And for the first six months it's free for landlords landlords go to www. Easy rent dot net to sign up then invite your tenants so they'll never worry about late payments again visit www. C rent dot net to learn more call 7816418691. Sign up for easy rent. That day and take that axle Adam grant date for everybody this is very strong and I'm joined today by estate planning attorney Todd what's key from law firm Cushing in Dolan. It's time for your legal exchange quick tip of the day were talking today. About the different ways that you can only real state and taught I wanted to ask you this one. What are the implications of transfer your whole C just take your hole and you give it to your children. In order to protect it from the nursing my ex he had somebody asked me this yesterday sixty years old. In the heard about this thing transferring music like this yeah. Kind of makes my teeth itch. Really you know GAAP putting your kid's name on anything while you're living is frightening with or without the light the state so your question was interesting it was. At least using a life a state does provide the parent the right to live there that some protection I I feel better about that. But I really don't like having the children's name. On any property. For the following reasons one when you do that it's a completed two you've lost all control over your order anymore. I worry about if the kids go through a divorce and ex son in law the ex daughter and when your house like. Number three is it you know Ali you know I don't you've now subjected manager Jim said Barry took their creditors and president. Necessarily have to be divorced does he could be a lawsuit business failure anything. Could be any creditor so they'll basically that creditor has the ability to get the ascent to pay them back which means you lose your home I certainly don't like that idea not to mention there's also a tremendous amount of tax problems associated with doing that so don't. Don't do that. Our rate I've got some advice for you learn the best way to old and protect your home your vacation home in your rental property. Call for Cushing and old brand new guide to the risks and rewards of real estate ownership 8668485699. That's. 8668485699. The guide will teach you all about the risks and rewards of real estate ownership. 038668485699. If. You're thinking about retiring in in the next few years it's time to make some big decisions do you know how to change your investments from a growth portfolio to one which generates income do you know when he optimal time to collect your Social Security is did you know that if you lopped from monthly pension that income can be at risk for the nursing home perhaps a lump sum pension option makes more sense leaving a legacy for your spouse injured children there's so much consider before you stop working and we've put together a 26 page -- -- high aiming guide they can help 8668106422. You've worked your whole life saving towards retirement doesn't make sense to get professional advice to make it last 8668106. Fort UTU. Securities African securities America ink member finreg it's a PC in advisory services offered through securities America advisors and Barry Armstrong represented at arms and advisory group in the securities America companies are unaffiliated represented as a securities America do not offer legal or tax advice always seek the price of a professional familiar with the laws in your state. Hi this is very Armstrong from the financial exchange recently I've been hearing many reasons why we should consider buying gold geopolitical uncertainties stock market corrections you name it I don't disagree with the idea of buying gold but I have always been suspect of the ads that I see on late night television for even the ads frankly that I hear on the radio I like to buy gold from a local institution that I trust I owned gold and I bind my gold coins from leader bank I walked right into any leader bank branch and I can buy American Eagle gold points leader bank is a local bank with branches in East Arlington Arlington center Arlington Heights at Belmont Burlington and Central Square Cambridge thank locally and buy your gold coins locally it just makes sense give leader bank a call and learn more about their gold coin. Programs 8776917900. Or visit leader bank dot com leader bank a step ahead not a deposit not FDIC insured not insured by the federal government agency not guaranteed by the bank may go down in value this he's a financial exchange. Ari tidal wave asks did you just say the average dock worker makes almost 300000 dollars a year with benefits no non that's not what I said. The average dock worker makes 147000. Dollars a year in salary. Plus 35000. Dollars a year in employer paid health care. And then their pension when they retire is 80000 that's not on top it and you know get. Pension light collecting yourself so beat these guys are making about a 150 grand a year. Plus 35000 dollars year in the health care right witches. Did that in and other employee benefits and then when they retire their pension is eighty grand a year yes that's that's what I'm saying it. And that is you know that's part of what is leading. More products to be manufactured in the United States you had this swing where everything went to China all these manufacturing jobs went to China. And now what you're seeing is there more and more manufacturing jobs coming back to you know say it's not a factory talked about and aluminum company. Is that he's now. Manufacturing. In New Hampshire the ball places where it talked about that they do gonna hold that off till Monday yes CEOs note Tuesday CEOs camera okay. They they that's what's happening as a result of the high. Doctor fees. And and if it's just part of part of the deal. Here's your first trivia question did you remember before. We had color television you ever black ever seen a black and white television Carolina. I think I've seen it it wasn't a regular occurrence but that way and when I was a kid that's what a cat Lina a black and white television. But it our question news. Who was the first president of the United States to appear on color television. Our text number is 68680. Seat kind of have to know went for color television first came out. Now I can tell you as a kid. Them in the sixties I grew up with a black and white television I don't think who's until I don't know maybe the seventies before my dad. Lose sprung for a color television but I remember watch a black and white television for years. If you know the answer to that are tech's number is 68680. Can win yourself a prize who was the first president of the United States to ever appear. On color television and her a text number again 68680. Are we still waiting for that Greece we are they're tied up with a hit so much an OK when the when they get here they get here. You know that this story on Greece is somewhat. And I don't know wide garner so much attention to me the Greek economy is about the size of the Rhode Island economy it's not a a huge. Economy but it's it's it's a huge story. Because he could lead to the eventual. His demise of the Euro in and that currencies or waiting security to get somebody on. To talk about that if we can't get him now lot will take my. Con Edison let's take a look at their stock if you own shares in the stock. You'll be inched today here. With their doing con Edison hairdos ED is the symbol for the stock. Consolidated Edison. Reported lower fourth quarter earnings in part due to market to market effects on its competitive energy business the utility company said. The rate. Plans helped revenue in the quarter which also had higher opening in maintenance costs due to items like emergency response. And work on underground Philly this facilities to a comedy. Municipal projects so the long and the short of it is they missed and their stock price now is down. Two point 79%. Or dollar 81 at 62 dollars and 99 cents. They're earning four dollars and 24 cents a share they're paying out dividends. To points to dollar sixty cents or four point 1%. Anything didn't think about on a stock like con Edison fuel con Edison. In interest rates start to go up dramatically and I'm not suggesting they will but that's always going to be one of the things that. Holds back or causes a Con Ed to decline in value is if interest rates start to increase. And yet there's some fear that next year the interest rates start to rise so that could lead Condit stock to decline right now to 63 dollar stock. Fourteen to one price to earnings ratio. Two dollars and sixty cent and it's a 4% dividend annually to pay 15% tax on that dense so it makes it pretty attractive. BI an important announcement for you and especially. If if you are I'd say if you're fifty or older you should try yet pick up the phone and call for this guide to retirement guide. And it addresses things like the cost of health insurance with your retire I actually think in David we should send one of these guides to Beverly Scott. You know you really think she she'd use one of these guys you could read this yes yes she and she could use this. On the one thing to catches people by surprise when he retires did you know you have to pay taxes on your Social Security. And you might have to pay taxes on 50% of your Social Security. He could have to pay taxes on as much as 85%. Of your Social Security. Where do you take your income for a once you retire at the big question right if you worked hard all your life PC work for and a great deal and you've accumulated a million bucks or half a million dollars in your 401K plan. Well do you take it all your money your forward KD takes a muddy your Roth for Owen K where do you take your income from. What do you do need be continue to work you know. Or idea help your kids in your grant took these are all topics that are addressed in this right retirement income that it's called the transition into retirement. It's available free of charge and it's great for anybody. Who I would say might might suggestions if you're fifty or older call and get this guide it's 866. 8106422. Now the phone calls free and so isn't the guide. 8668106422. If you wanna have a successful. Transition. Into retirement call and receive the guide 866810. 6422. Be who do you have for. A subscription. For your phone service that you have I era and damp they can I think I know we go at this that I wanna switch to T-Mobile. A telling sign up their common law of the COZ they are common on T-Mobile. The east with the B made a profit. On better than expected 19%. Surge in revenue. In basically what they're doing is they're saying hey come on it will will character contract for. With the year your current provider would give you a new phone and would charge you half as much as your pain AT&T and where half as much as your chair you're paying. Verizon their take him on in with their scene is very the last month in just one month. T-Mobile said the added one point three million. Branded post paid customers that's the most valuable type of wireless subscriber. In the firth court. In the fourth quarter. The vast majority. Were full count customers' overall T-Mobile added four point nine million. Branded post paid customers in 2014. That's a net number they're doing it. You know I I kinda thought. That be they don't have a prayer in they either too small it's it's a battle between AT&T in the battle between them with Verizon. T-Mobile and coming up you know is getting killed sprint. Spread they're trying to get her parents have a trial going on that pin fell park and listeners text then if they have T-Mobile in this area how the services. Yeah a good idea because I I need to I want it's like I like everything this company does yup and the error and it's half the price is right so witty gritty paying for your phone on their honor boxing thing apart under 440. So you go to T-Mobile. For seventy bucks theory yet but I don't know how I got our comedy. Other services in nominees intend just don't know the service but I think they're great with data plans and everything like that. 68680. Is or text number David wants to know if you like your T-Mobile service. Now get a lot of responses. To our trivia question our trivia question was. Who is the first president to ever appear on court television carrier has come in with a winning. National tracker now he's probably trying to find out who would harassment. Lot of guesses no was not Franklin Roosevelt c'mon buddy said anyone that is why would you guess Franklin Roosevelt used did. Our new little Lou will wait for a for the Internet hey we have got cuddle up next Saturday. Larry Kudlow CNBC joins us next company to exchange. The latest financial trends it. Will only play six the financial exchange with Barry Armstrong and Ken Kerrigan on the financial exchange radio network. Boston solar as a leader in providing solar energy solutions to residential homeowners and commercial property owners throughout New England there has never been a better time to look into solar energy for your home or business with continuously rising electric rates solar now empowers homeowners to slash or eliminate their entire electric bill Boston solar has a free guide that will detail all of the benefits of unlocking the financial powering your home call 8666989323. To receive a free guide on the benefits of solar energy that 86669893. 23 Boston solar offers affordable solar solutions and can work with you to maximize all the federal and state tax incentives call Boston soared today with a free guide on the benefits of solar energy 8666989323. That number again is. 8666989323. If you're thinking about retiring I -- in the next few years it's time to make some big decisions do you know how to change your investments from a growth portfolio to one which generates income do you know when the optimal time to collect your Social Security is did you know that if you lopped from monthly pension that income can be at risk for the nursing home perhaps a lump sum pension option makes more sense leaving a legacy for your spouse injure children there's so much consider before you stop working and we've put together a 26 page or reach high aiming guide they can help 8668106422. You've worked your whole life saving towards retirement doesn't it make sense to get professional advice to make it last. 8668106. Ford two to. Securities offered through securities America ink member finreg as a PC an advisory services operative securities America advisors and Barry Armstrong representative arms and advisory group in the securities America companies are unaffiliated represented as a securities America do not offer legal or tax advice always seek the price of a professional familiar with the laws in your state. Are you thinking about transferring your home to hear children in order to protect it from the nursing home. Did you know that if you do you put it at risk for your children's creditors including future divorces. You really wanna write a check to your former son or daughter and not justified Acura own home. Not only does transferring put your home and rest it can also create a huge capital gains tax when they sell it. Right now the federal capital gains tax can be as high as 23 point 8% and that's an addition to your state taxes. There are better ways to own your real estate Beckham protected from the nursing home. Keep it away from your children's creditors avoid probate and not cause unnecessary estate taxes. Top up in a lot from at Cushing and Elena put together preen your guide to the risks and rewards of real estate ownership. This free guide will show you the best read on your real estate call now for your copy at 866848. 5699. At 8668485699. Investors searching for relatively low risk investment that can easily be converted into cash often turn to certificates of deposit or CDs leader bank is currently offering an eighteen month CD with an impressive one point 25% EPY. For new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent AP why call 8776917. 900 today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more with the bank a step ahead minimum deposit to open and earn annual percentage yield as 1000 dollars Massachusetts residents only penalty for early withdrawal including iris penalty which may reduce earnings -- subject to change without notice member FDIC rate effective November 4 2014. Follow burial and Twitter. Valerie G Armstrong this is the financial exchange radio network. The answer to our first trivia question was Dwight Eisenhower he was the first president of the United States to appear on color to the television. And frank in Drake it he knew that answer so he won himself a prize. Our guest now is mr. Larry Kudlow is a senior contributor at CNBC joins us every Friday how are you doing Larry. Good. Now watch and the NASDAQ bump up against 5000 my god where were we guy had to be what 1415 years ago since he's seen the NASDAQ at these levels. Never thought we would. During our lifetime anyway write in and out. If it badly but. You know attack has been strong very strong. It has but it almost looks like it's in a bubble again when you see the market caps of some of these tech companies at least that's my impression I'm looking at them saying. Okay instead Graham is worth how much in twitters were how much and FaceBook is it like. I may be a missing something here but he had let. You don't see Warren Buffett pollen into the stocks. Well you never did I mean mr. Buffett is a great investment but even in the ninety's he what happened and indeed he never he never replied but expect. But you can I'm sure you're right there are Bobble by way Asians and there but I do think on the whole if I you know great achievement. And I witnessed in the mean this justice sidebar. Bodies tech companies I mean I like to use apple and go there that they're there international multinational global company. And I don't see them belly aching about the strong dollar. And I really am glad because. I'm really tired of American firms. Don't execute properly and don't deliver enough earnings. Blaming it on strong dollar which is probably one of the most positive development in the entire economy and the stock market. So I like that I liked it extra but look I'm no expert on these individual tech company. Now that he you know you are an expert on though is the Euro in what's going on over in Europe with Greece I mean it looks like Greece's. From what I can read they're capable paying their debts in full they're just reneging they're just saying we root of the screw you the rest writer of screw you Germany. We're not gonna pay our bills that that's my interpretation of an in my get it wrong. I think you're right I mean look you have a left wing government over there. And done their being a left wing government. But I guess the question one well. The authorities in Germany. You know IMF and ECB just decide it all applaud him a lot of banks he got a map the Europe posting what. It's interesting to me and I've said that before Greece as a country that peak and or fifty BC. And is just not important. But I wanna be serious about that. There are really into Greek business people. All of around the world who have left the home. And they left it decades ago many many many of them are in London I know many of them. Many are in the United States I mean we're talking about great business people bury you but they left Greece because Greece. Taxes. Success. Unit terribly and that's where they have lost all of their finest citizens and businesses. And that's one of the reasons now the other reason obviously is their tax policy. And it's not a bad luck they should be cutting taxes and privatize. State owned companies it's so easy simple and poppy. And if they did what was done in Eastern Europe. When the Berlin Wall fell out Greece would be in much better shape but they won't back I want at this and they Mayo disagree is that matter. Greece is not in it it would have only the most fleeting impact on the American economy. Is not a decisive factor. In in our economy or our stock. And there economies what about the size of the Rhode Island economy. I'd data I don't know which one is sinking faster Rhode Island yeah. As you both very small and minor imports but it does beg the question if the rest what what about Portugal what about Spain what about Italy and the disease are also other countries that are in similar situations. Yes but yes by not near as bad you know I agree. Well expanding Spain is occasionally tried to move. To the market economies so as Portugal. Italy not so much very disappointing you know and also I didn't hear you just have it's so hard to look at the European in the Euro because you've got to. Got two distinct blocks you've got Northern Europe. Which is recovering. And has actually adopted pro growth policies in the last ten years particularly lower corporate tax rate. And then you have seven year. Which is still well first and have you know very left wing policies so yet this is a problem. It's another reason by the way when we should not look. Investors should not look at the aggregate. European numbers on things like GDP here and on and you know make assumptions about how that's gonna impact the United States you have to look at. Europe our country by country basis some of them like them but take Sweden which I love. And Denmark have had great reforms. Credit market reforms in recent years. Holland Netherlands that's sort of very very good. I Germany could do better but you know Germany instrument is that a part of Europe is. You know it's just been bad shape and and I and without leadership that is that they can't debate these are not decisive factors. It's America that drives the European economy Europe does not drive America is. Wanna say that because that. People just at the wrong idea of we grow in the eighty's and ninety's is close to 4% for twenty years with no help from Europe. And if we adopt our policies we adjust our policy we do the same. In retrospect do you think the creation of the eurozone was a mistake. Well that's a hard question. To my mentors Robert Montel. Great Nobel. Content. Really is the father of the year and leave that. He should have won free trade zone. With one currency. And I suppose you know Bible Belt right but the problem is he didn't have a data. Policies that wears simple fiscal policies are similar. That's the big probably he's right about retrace he's right about the free movement of labor population. He's probably right about the current in the United States has won currency covering that day. But down these countries are so different and they're governed differently I just don't know that I know the pastor of that. I just would say that people don't fret so much it's just. The key countries are fine you probably here than back the worst story in Europe. Relative to what it should be is print. That's the most disappointing country. Because they know better. And they have such disparate. Splintering disintegrating political us stories they can't get their act together. You know this dialogue on 175%. Tax trade any lesson is that Thomas picket these this social mama's blah blah blah blah. Friend to me it the most disappointing and look. You can go to France. That again that this is a leak. Haven't eventually moved out of France yeah okay and have that they've come to New York. They've got a lot especially in New York so many Smart French business people here in New York. And they will not pay different taxes and it will not be governed by the left of France is probably the most support. You know now you're you're spot on as always will be tune in this weekend to hear your show Larry thank you very much for joining us. As Larry Kudlow from CNBC joining us today on the financial exchange and in early it you do have to take the Greece situation is he said with a grain of salt it's not that important. To David what are you learning about T-Mobile what are people telling you about T-Mobile service are you ready to make the slick are ready to make the switch from would you save for a. I am horizon yet why. Well what comes first inaugural saint customer service price everything's fantastic not too many drop offs for all I know little about the guys that said Franklin Debbie I want you guys others. Tons of other tech all are praising him and the other thing is AT&T and Verizon have not introduced Wi-Fi calling yet I always thought that was ridiculous if I'm in my home and I have a connection and I can Skype with somebody for free why can't make a call for Parikh. And T-Mobile has that technology eighteen team rise and do not. And use facetime immerse guys off base that displaced and he called this yet but I just think it's ridiculous that I'm using cell data in my home Petit when we come backward to talk to. A gold should you buy gold Tom O'Brien editor of the gold portly and. 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If you're thinking about retirement in the next few years it's time to make some big decisions do you know how to change your investments from a growth portfolio to one which generates income do you know when he optimal time to collect your Social Security is did you know that if you lopped from monthly pension that income can be at risk for the nursing home perhaps a lump sum pension option makes more sense leaving a legacy for your spouse injure children there's so much consider before you stop working and we've put together a 26 page or reach high aiming guide they can help 8668106422. You've worked your whole life saving towards retirement doesn't it make sense to get professional advice to make it last 8668106. Fort YouTube. Securities offered through securities America ink member finreg as a PC an advisory services operatives securities America advisors and Barry Armstrong represented at arms and advisory group Ministry's American companies are unaffiliated. 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It's time for the financial exchange with Barry Armstrong and Kim Keller again from Wall Street -- you're street bearing in humans got you covered in the financial exchange with Barry Armstrong and gene Kerrigan. Hi everybody welcome to the second hour of the financial exchange and we have a busy out to be talking about real state we're going to be talking about gold. We're going to be talking about the NFL. And the possibility in they have three teams in Los Angeles. Next year for the national football studio thinks that the I think it would be. Just to race at night he could have three teams you think they would still go out there rams would still go to pull it's possible that by a big part of the country. Where talk about that and a lot to talk about today. The year's second trivia question is this. What state was Dwight Eisenhower born if you know the answer to that these text us 68680s. Or text number. In what state was Dwight Eisenhower born. And her text number 686. People are completely change their tournament team all about eight what is it that there's no nobody can give me definitive answers on anything in life anymore. They can't just be a yes which to Timo. Or a how to really get rid of that I am my camera or. How to take care of a poppy does give me. Stinking answer this is insane. It says the man is paying 500 dollars a month for baby sitter first puppy I think David is not I would. Terabyte you guys but I would not spend 500 autopilot I have my babies it by puppy PDs. Page it made the call me crazy. Any. You know this winter has created winners and losers right. In in neat thing about the losers employers have lost because you know people can't get to work they said the pain in the showery. Restaurants have lost waiters and waitresses have lost a lot of people lost on the winter side you know if you know how to rake a roof for your snowplow driver your big winner. He allows is a big loser in in this whole thing is real estate brokers. A tough time to be a realtor tough time to be a real estate broker. We're joined now by Sharon MacNamara from Boston connect real estate services shared howry a good. Aren't saying how AM good get a you know it's thinking about you yesterday. As I'm driving around in the sixty to snow on the ground it's gotta be tough for the realtors to sell real state in this environment you can't see with the Bryan. Yet people can't see it it rarely has been noticeable that the tally at the beginning of the year things are looking so optimistic or asked him. I think at one point actually at this point we don't get a little while we're going to be trouble with the drought without art like take that back yes. Yet but the first. You know the first part of the year with Barry very strong in fact we did battered this year in numbers that we did last year and the January number that was both knock off county implement Kathy. But the last three weeks temporarily slowed down though. In all reality numbers you'd be right now not too bad but the problem is is nothing has happened in the last. To read for a week so what we're gonna see that impact the numbers is really going to be like April and march closing I feel like the numbers are going to be really. So give us an example like EEC did numbers have been nothing for the last three or four weeks when you say nothing you mean like zero where he is beyond be still some transactions going through some form pianist is gone through. Yeah they did there's definitely found them at an unfair unfortunately it happened at Leo we see and boy and as a lot of people the getting packed an eight year high era and Scott Klein and to be doing a lot of relocating from other states that we used see some Monday. But with all of this a lot of people that Barry has been in need of really good bye week and definitely recommend somebody I think that the the practicality we can't it group we can't. Walked around a nation we can't these big act in Atlanta keeping. We have no light year is currently poor on the back act though it is really it's how to attack acting under agreement and I mean a screeching halt its. Litter he'd been reaching top paid and it has not and activity ops. So what do you tell somebody who's trying to sell their house. Well for now I can tell them I mean that was the other thing to the beginning immediately review and Dominique peonies comparative packet analysis we thought I got the inventory has been so low that is going to be great literally and it gets you in Korea acts bays you know now obviously they don't want a deal without knowing you know slip and fall in. And things like I mean I began Indiana house. The British talent people right now you know what it is going to break went down to it of sponsoring even just today because the sun shining so. We tell them this is the best time for them to dot purging and his back and organized get up on the Mac and they really should think about coming on and acts. Because April everybody is going to be on and you definitely wanna be one of less inventory and one of much in and. Who would it would our inventory levels gonna look like in the spring when you get to the spring market. You know you you compare real estate values today to where they were even four years ago 2011. 2011 I looked in retrospect I think that was the bottom of the market share. It wouldn't wouldn't how'd inventories today compared to previous years. Inventory is very very low and not some offbeat it's so that's ran here you know its first level. Where branch raised ranch all the way up his new construction and we weren't being the new construction at midnight they you know about the patents have really low I have a couple of new construction development. And we had you know three offered not one property. What we could account now we came in and get people in the door of inventory at south is very very low. Right now in Norfolk County is 892. Active listings which sounds like a lot a at all of not fox hound me. In comparison to Plymouth County that's at about 1112100. On the Mac. To inventory levels but still very very loud and until we see that changing it means it's good for the salad who are out there and attending to get multiple offers. The I hear it it's not that great. PM ET in looks like financing requirements have been loosened up pretty. Quite a day it is second to have an impact on the spurring market. Absolutely financing has been perfect inning is that perfect mixture of anything going together. Because interest rates is still low. I feel as if the loan officers who out there that we work and what you really eager I mean nick Lowe was well I mean apple industry you know our attorneys everybody. So that everybody is very eager to put together a really good strong team car buyers right now with interest rates in it's a perfect time for them to get out there. Now the the you it'll be inching see this spring market Ayman I'm I'm optimistic. I and I think a lot of first time homebuyers are gonna come out of the woods now. I hope Ellen and one of the big thing to be honest if you like to. And act embankment and now and November. And chief economist warranty on I don't know if you know of him that he's fabulous he's the chief economist. But Mac national that the route certain one of the big things that we're talking about the millennium end issues that we're having with them. You know Beckham not at war with all of the debt technologies tuition bills and then get married to somebody who has the same these young kids that generation is coming at the coolant adding that like with 300000 out of that debt. But it still staying at home and renting them. It's a little hot again out lower and historic and by that first grants the people who Allan Maxwell back in colonial that's what I'm seeing a lot of by the waist generational. People practicing together market in lies. And things like that. Lot of doctors trying to get out of the suburbs. Are there are a lot of empty Nester trying to get out of the suburbs. Yeah I see that my neighborhood where you know the kids finish high school the kids finish college. And they say Elena get the heck out of town and how to move into the city your own agenda caper unity they just wanna get out of these high tax towns. Yeah I do like see a lot of that actually and that's you know these and keep at it again I call right sizing it's not that now and that you're telling you what bedroom colonial. What I see a lot of them do now is. You know purchasing it like it they can go into the city while other big doing what actually seen a lot of people just even my mobile homes but the exact plot developments in the mark condos and becoming number they have someplace here they have some pleasing Naples and at the perfect mixture. Yeah I don't know works out very well Sharon we look forward to a robust market in adults take it out in the spring all right. Sharon Mac and are from Boston connect real estate services got to be needed in the and I can see I mean. I I wouldn't go out and look at home this weekend because you couldn't see couldn't see any of the landscaping and pool in the back Gary could see it couldn't be can't tell you buy it. So I don't think anybody's going to be buying houses this weekend. I don't know if we have a winner for her second trivia question we asked the question. With state was Dwight Eisenhower born in the answer cracked the answer is Texas. And Kerry and tell us who won that prize in just a moment capture. When we come back or be joined by Tom O'Brien Tom as the editor of the gold report he joins us next on the financial exchange. Still as stiff and start talking until. Hope your portfolio beats the financial exchange with Barry Armstrong enjoy and care again on the financial exchange radio network. A state in asset protection planning can be overwhelming where do you start. How do you know what type of trust is right for you hi this is very Armstrong and I'd like to talk to you about the law firm of Cushing handle they've been creating estate plans for folks in New England. For more than thirty years and they can help you to with all the different types of trusts available I can understand the confusion when it comes down to a state planning do you need to revoke Coble trust do you need an irrevocable trust and what's the difference you needs an expert advice and they put it together free guide that will help you decide the best plan preview this free guide the differences between revoke global. An irrevocable trusts is yours for the asking call 8668485699. They can even show you how it's possible to eliminate your state taxes I love that part call Cushing handle right now to get this free guide 8668485699866. 8485699. Boston Solarz a leader in providing solar energy solutions to residential homeowners and commercial property owners throughout New England there has never been a better time to look into solar energy for your home or business with continuously rising electric rates solar now empowers homeowners to slash or eliminate their entire electric bill Boston solar has a free guide that will detail all of the benefits of unlocking the financial powering your whole call 8666989323. To receive a free guide on the benefits of solar energy that 86669893. 23 Boston solar offers affordable solar solutions and can work with you to maximize all the federal and state tax incentives call Boston solar today with a free guide on the benefits of solar energy 8666989323. That number again is. 8666989323. Investors searching for relatively low risk investment that can easily be converted into cash often turn to certificates of deposit or CDs leader bank is currently offering an eighteen month CD with an impressive one point 25% EPY for new accounts with these kinds of rates now as an ideal time to take advantage of this great opportunity from leader bank to learn more about the eighteen month CD with a one and a quarter percent -- why call 8776917900. Today or visit one of leader banks conveniently located branches in Arlington Belmont Cambridge or Burlington earned more interest on your money today stopped by a leader bank branch or call 8776917900. To learn more -- bank a step ahead minimum deposit to open and -- annual percentage yield is 1000 dollars Massachusetts residents only penalty for early withdrawal including -- penalty which may reduce earnings -- subject to change without notice member FDIC rate effective November 4 2004 team. 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Download the mobile app by searching financial exchange in the iTunes or Google play store from the financial exchange radio network. Gold gold gold women love gold men love gold everybody. Most gold its trading it looks like about 1207. And counts right now. We're joined by Tom O'Brien the editor of the gold report I don't talk. Good so. Explain to me why gold is not moving in tandem with oil this time. Yeah it is you know whether the the oil market no doubt Kirk wrote. And and what. Gold is not doing also and hasn't been doing which is pretty wild. Is that what had been dollar going up and go to stayed pretty good I mean we really we just came back with thirteen hundred. But they are divergences out there right now and you know people scratching their heads calm I'm scratching my head a bit here. I 'cause right now where at a cost. Now I think gold going higher than heck because we don't talk about this before that you have the aspect of gold out of the ground. And GR hand in my hand you know you're talking like 1169. Or troubled by itself. If in fact. You know it goes below that well guess what you know then there's the that it. Supply dries up in the price could move up that being said. What I believe it on the agenda right now as I think it looks to me like the dollar has topped out there and the dollar moved 170. Nine to 95. And from last July sure it's moved up two cents. 2011. And it's like okay so we know that the correlation. Flat out is dollar. Gold dollar oil so the back your original question it's like OK there's just too much oil yup you know that's coming on the market. Well there's not too much goal. Right there's not enough it's Allah give this oversupply of gold the. You don't he has had mean people of the you know these small companies who got killed that it punish small local companies have gone out of business. Saw. Once equity Barrick yes they just took. I think at eleven billion dollar write down I mean in our courageous write down in the it you know it it didn't take the stock. Lola because it was a non cash write down but even so it's serious business. You know it's so that aspect it's like okay. Is its hang in there you know and almost pulled back off the highs today. When that when I look at gold right now and I'd look at. Wal-Mart just went up on that rates that are gonna pay people I think we're just probably at the very beginning. Light installation. Every year to see some wage inflation finally the American workers gonna get paid. Yacht and you know when you look at that aspect I mean I think. I know myself I don't wish it was gonna stat tree of four years bottom line it has you know. Now they've been no inflation for five years. Net to zero and I suspect that you know that. That in the cadre. That's good for gold that's the inflation is great for gold. It's huge revolt and it's huge ready you know it's interesting here is that it's huge for everyone paying back debt to have a lot of inflation doesn't go I mean if you. You know or have read here in debt 50101000. Whatever that is and you you know let the the reality is is that we need small. Types of inflation's so people can breed basically. And so I'd I'd I'd look at gold at the Syrian sentiment of this pretty good. You know any gold stocks that you think are artificially depressed the price of a sudden say somebody just wanna buy. Physical gold they just say you know wanna buy a minor Iowa you know I'm a polar by distributor. Exploration. Woody can you give us one. In the I think I think I giving you this one before an arch and sure enough I don't on this one okay. This is first majestic okay now this is a it's primarily it's a silver company. This little did I get a goal was to that is what the differences with the civil. As Silva was moving back with a K coming down. This CEO did not sell the amount of soul that. They were producing could be felt that the price is too low now they take and they you know what 246 million a year. So. Well off the Bartlett's children Staten go up so he has like a bank account that is pretty decent economy. The start straight at 565. Then you know yeah is it worth ten backyard. It can be I mean I this year it was 1235. But that's the real company real production company. You know good MO that. Bankroll the company's day. Do business in Mexico. Which is a great place to do business you know you don't have any political risk risk in Mexico. So this is a better player on silver you're bullish on silver you Biden's. You'd I he would go after that I if you're after. It inside the gold market that the best. Equity I suspect. Out there right now is still Rangel and Rangel. You know they straighten it 77 dollars. That company right there is just the power house state they have huge business in West Africa he and this is the guy because it. Run as Rangel is a guy that actually separated. The gold companies won a pot tide came in. And Africa. And what the deal was I interviewed this guy that was so cool so this this guy taken one point two billion a year right. And what the deal was is that when he. Separated these companies he could not take any companies themselves in South Africa so what he end up doing there. He checked companies in West Africa which is much more dangerous right now but what happens is that. The goal that he kicked out of the ground is average prices like 285 eighths. Yeah that's a cheap. Yeah I I political risk yup and in and it's probably dangerous work. It is dangerous work it is and what what he specializes in the which is really cool is that he doesn't cities villages and make sure that. The villages themselves. I getting something out of every one of these mind yeah. He builds schools before you build the mine and you know I've seen say you don't. People go on the side of scenes some of it I mean I haven't seen it personally but I've seen on the side it's pretty neat I mean that's what it takes money visit of the dirty business. You know you you rip it up you know if rip up the ground. None at city a year year Lotta times it counsel Ian I don't know. So long term we still bullish on gold like you if we're lucky say. Fair a lot of our listeners are long term investor Siegel and invited 12100 bucks announce five years from now Tom what do we look and. 1550. Yeah I'd think oh that's a good I guess I don't mean to build myself pretty heavily about eight weeks ago did you. Yeah and it. Because what happens is that at that level let uncomfortable at its tested that level. You know and you movement around these levels for a couple years now it's tested them enough times this epic atop an approximate 300 directory is that it you know it's an insurance policy don't you know. All the dreadful economy but. The reality is that it's not it's a good thing to have some open. Because we have turmoil everywhere man you know. And at 83 or 4% of your portfolio two or 3% your portfolio having an angle there's nothing wrong. Notre it's it's it's a good it's a good thing. Tom O'Brien thank you very much at a great maravent statement but I. That's Tom O'Brien he used the editor of the gold report. And right now I'm looking at gold trading at about 1206. Announce all right it's time for your third trivia question of the day this an easy one. What was Dwight Eisenhower's nickname. If you know the answer to that are tech's number is 68680. What was due late. Eisenhower's. Nickname and if you'd like to text us he can win yourself a prize Arthur when the last when he was from Hebrew he got a copy month. I don't know what the next prizes so you're gonna have to win it to find out with the prices and just the way it works. Frederick's of Hollywood do note that is their. Regretfully yes I do Frederick's of Hollywood news. With the other one called the currency Victoria's Secret rate evident not. Terrible person I mean it's all the same thing and Victoria's Secret everywhere Prius is Micah higher end. You know you expected on Fifth Avenue near out there they're they've got some problems if they're not doing particularly well. They're stock symbol is apple HL. They're trading at 26. Cents per share. Dubai Dubai this whole company gave. For not a lot of money what they're closing down their flagship are a reflection of torn island I wonder if they need to me. It smells much like the RadioShack story. Prepared that they are Null but yeah figure in similar funny trivia action is RadioShack so I don't I just don't know how much longer. Frederick's of Hollywood will be around remained to reorganize and in and re emergence and capacity and again I don't know. But it's not that they're not things are not going well at Frederick's of Hollywood as we speak. The market is doing this it's it's due and okayed the Dow's up seven points. The S&P is up or down to NASDAQ is you know we knew we are joking about with Larry Kabul earlier. But NASDAQ is trying to hit that 5000 level it last time we're here planes 2000. He's been a steady slide down since march of 2015. Years ago was last time we saw the NASDAQ these lofty levels. When we come back or be talking about the National Football League how many teams are going to be in LA. Internet's top. The financial exchange we Barry and Kim on the financial exchange radio network. 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Branches in East Arlington Arlington center Arlington Heights at Belmont Burlington and Central Square Cambridge thank locally and buy your gold coins locally it just makes cents give leader bank a call and learn more about their gold coin. Programs 8776917. B 900 or visit leader bank dot com leader bank a step ahead. Not a deposit not FDIC insured not insured by the federal government agency not guaranteed by the bank may go down in value this he's a financial exchange. Sorry the answer to our third trivia question is Ike Dwight Eisenhower's nickname was I. Ari we're talking now about the National Football League in the business of football into Brandt covers the business of football for ESPN. And he joins us today to talk to us about Los Angeles I under. We're glad to have you so I I read today. That there could be as many as three T today the what was the last time the NFL had a team in Los Angeles. Andrew. And colonel Liu the EU and try yet gone back. We have here in icann Bittermann now I'm just barely get new and a value on a bad cell phone there Andrew. Let's try this you better ball that's much better. At it. Good back in 1990 or when ironically the rams generators. And my background in the NFL I was in victory at the actors. And I just remember my first meeting you know well it was an owners meeting in 1999. When one of the topics on the agenda was what are we gonna do that LA and getting it seen there. And here we are fixed in years later. And it always been up and down roller coaster are gonna are we gonna Abbott or we're not gonna add that what you relocation or expansion. But now we have some momentum with the news of the recently. Daddy you know the rumors that that we have heard appear in Boston was that saint Louis the owner of the St. Louis Rams was building a stadium in Southern California. And he and that's. Rumor and that rumors seems to be true what happened a year ago and Crockett the owner programs ought impartial land. Where around Inglewood California would could be potential side. When commissioner Goodell was asked about it he made some dismissive comment. The billionaire buys a lot I think well clearly it's more than that yeah. He's he's an opportunity there to be first then. And the natural reaction as I com where city leaders in Saint Louis and state leaders of Missouri I talked about a new plant in new stadium new renovation. That's typically what happens in the situation. What's wrong with the Saint Louis stadium today that need their team hasn't been very competitive in recent years but it is a stadium not not up to standards. I think that's correct I mean what has happened over the last eight years for people not on business of sports is that. There's two types of economics broadcasting eighteen economic and then there's became economics stadium economic and become as important. For things like. Atrium and stores and making the destination more than and date a year and a band and upgrade since we in clubs see them all those things are not up standard in Saint Louis or a player our Oakland or San Diego that. So that's why Saint Louis would consider moving out to Los Angeles. You don't get a getting a brand new stadium and maybe getting some public money. Yes I mean they wanted. They will likely get that from Saint Louis. This stop this problem. This is what happens weather been Minnesota Jacksonville. Every time there's been beaten problem getting big money's yup. You hear about LA. LA become the Stockton ports for negotiations with city leaders. Okay no talk to us about Oakland in San Diego. Because what I read was they might actually share a stadium in Los Angeles kind of like the giants and the jets. Yet it stepped up to is to what Lewis has done and say they would look and do. Where they've got a site and they got a plan and Karsten. Actually Carson has been one who has been discussed for years and I dismissed. So long ago but. To build their own stadium now they're statement has listen we're trying to block every possibility. Wit and Diego and Oakland before we do this and we'll abide by whatever relocation rules and a but. Based stepped up in a message I think to city leaders in San Diego. And Oakland where they're been stalled negotiations about what they're going to do with me. So theoretically could end up with three teams and in the Los Angeles area. Yet these are require. Votes of ownership. 24 and 32 votes and the and it spoke barriers and as always there and we want our team staying in the market had experience could change. If they get these beautiful. Design proposals stadiums out in LA and the owners or any unit owners don't vote or. We've got some legal precedent back in 1984 where Al Davis moved the raiders to Los Angeles auto legal battle and one. As an antitrust violations stopped and promote. Would how far is Carson. California from San Diego. I think it's about. 75 miles up the that's a lit newspaper I don't know. Because there's a lot of patriot fans that drive down from Maine and Vermont. You know they'll drive they'll drive more than 75 miles to go to the pats games only like you say it's only ten games a year. Yeah and the fact that you have. Two teams would mean 28 year for the stadium but obviously now the building needs a lot more than that. And in decades and now we're seeing entertainment complexes around stadiums. We're seeing businesses com to around these stadiums that are gonna change if these buildings are built. You know. Well how do you think they shakes out drew woody woody do you think Saint Louis ends up leave. Neither I ran this is the rams leave Saint Louis and go to southern cal. I think nothing happens and it doesn't fit me well I think. What we've had in 2015 are ready goes Missouri governor talking about a plan Ers stadium along the river which is. You know almost inevitable when you have these Saber rattling among owners and I think we're gonna yet. San Diego mayor has been very I antagonistic with the charger about what they're willing to do and how much money it'll cost taking away from schools and education everything else. That may change that total picture insipid doesn't. Not Cindy is pretty strident as well as Oakland Raiders so. We'll see but again nothing in 2015. Morgan checked back on the so few months. All right Andrew thank you very much for your time. Andrew Brandt and so I told today that ended up with three NFL team since I think now it that's remarkable. To his point I don't know how these teams sustain. These big stadiums and how does Bob credit he has patriot place that makes sense public. They have concerts and it'll suck it in the summer I could see that happening in. In Los Angeles to team sporting monster stadium you can get plenty of events it's great weather but the pulled off fox prepared for Bob Kraft are how it is now meanwhile he's got a winning team to see everything sold out down there but. You down there and if you've ever gone down on Wednesday night. In the future quite yet oh yeah it's. At I don't know how whose tenants in India you know leave your attendant in there. So you're running a restaurant there's nobody there during the week during the week that yep it's packed Fridays and Saturdays of that isn't going up to a packed. Here is your fourth trivia question of the day. What religious denomination. Was Dwight Eisenhower that's our fourth text questioner trivia question of the day you can text your answer to us at 68680. What religious denomination. Was Dwight David Eisenhower tech's number is 68680 will be here. Get the market updates ten under par save. I hear on the financial exchange in the financial exchange radio network. Are you ready to retire the question is actually more complicated than it appears because it demands consideration on two levels first there's the emotional component are you ready to enter this new phase of your life.