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Rumors again about a new one world currency

Big Al
August 8, 2016

We are kicking off today with Chris Temple of the National Investor. The conversation starts with a discussion on the bounce in the oil price and if this is the end of the pull back. We then move on to currencies addressing the renewed chatter regarding the potential of a new one world currency.

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Discussion
12 Comments
    Aug 08, 2016 08:01 AM

    Thanks Guys

      Aug 08, 2016 08:03 AM

      I liked Big Owl’s comments the most.

    DFS
    Aug 08, 2016 08:17 AM

    Well, Trump’s speech sounded full of promises to bankrupt the country with Great impossible-to-fund ideas. No word of cutting government.
    How sad; it would be so easy to promise cutting government by 2 or 3% per year for his Presidency.
    Trump has no concept of balancing a budget.

    Still better than Hillary’s straight regulation and taxation to death.

      Aug 08, 2016 08:30 AM

      DFS…Trump dod address cutting gov’t when he said the regulations created by obama’s executive orders would be cancelled..that means hundreds of gov’t employees are gone..EPA alone would eliminate jobs that were created to write and enforce the regulations created by obama..the elimination of the obama healthcare would also eliminate 10,000 gov’t jobs…so he does plan on a smaller gov’t….

        DFS
        Aug 08, 2016 08:46 AM

        I would be happier if he said he would cut government jobs, which he did not!
        Possibly implied, but he did NOT say he would abolish the EPA. There is a problem with eliminating federal jobs…….you have to have cause, otherwise transfer not dismissal.

    Aug 08, 2016 08:25 AM

    Best idea…..cut the gov’t ,….the gov’t could cut some of the 3.2 million of the DOD spy agency ,which is spying on the private citizen ….

      Aug 08, 2016 08:27 AM

      3.2 million people snooping is over kill

        Aug 08, 2016 08:10 AM

        Common Jerry, that is because of people like you who keep moving too fast!

    DFS
    Aug 08, 2016 08:47 AM

    Matrix Service Co. (NASDAQ:MTRX) has been given an average recommendation of “Buy” by the nine ratings firms that are covering the firm. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $26.29.

    Matrix Service (NASDAQ:MTRX) traded down 0.67% during trading on Monday, reaching $17.87. 63,148 shares of the company’s stock traded hands. Matrix Service has a 12 month low of $14.07 and a 12 month high of $26.22. The firm has a market cap of $475.61 million and a PE ratio of 15.81. The firm has a 50 day moving average price of $16.66 and a 200-day moving average price of $17.24.

    Aug 09, 2016 09:37 AM

    No way in hell are earnings going up next quarter Chris. Have you checked the charts I have been posting on that animal. They are dismal at best….a disaster at worst. Only dreamers can imagine that corporate America is about to see an earnings turnaround as this recession in profits looks more depressionary with each passing quarter.

    Aug 09, 2016 09:00 AM

    I don’t disagree…was pointing out the questionable expectations on Wall Street

      Aug 09, 2016 09:04 AM

      Gotcha.